Amundi raised its position in Lufax Holding Ltd (NYSE:LU – Free Report) by 32.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,987 shares of the company’s stock after buying an additional 13,547 shares during the period. Amundi’s holdings in Lufax were worth $133,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Baillie Gifford & Co. boosted its position in Lufax by 0.3% in the fourth quarter. Baillie Gifford & Co. now owns 14,667,069 shares of the company’s stock valued at $35,054,000 after buying an additional 49,964 shares in the last quarter. State Street Corp raised its stake in shares of Lufax by 3.2% in the third quarter. State Street Corp now owns 4,960,609 shares of the company’s stock worth $17,313,000 after acquiring an additional 155,006 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Lufax by 35.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,205,838 shares of the company’s stock worth $10,052,000 after acquiring an additional 1,102,943 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of Lufax by 13.1% in the third quarter. BNP Paribas Financial Markets now owns 449,409 shares of the company’s stock worth $1,568,000 after acquiring an additional 51,890 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Lufax in the third quarter worth about $1,479,000. 69.14% of the stock is currently owned by institutional investors and hedge funds.
Lufax Trading Down 0.5 %
Shares of NYSE LU opened at $3.00 on Friday. Lufax Holding Ltd has a 1-year low of $2.00 and a 1-year high of $4.94. The company has a market cap of $2.60 billion, a PE ratio of -3.89 and a beta of 0.77. The company has a 50-day moving average of $2.79 and a two-hundred day moving average of $2.70.
Lufax Company Profile
Lufax Holding Ltd operates as a financial service empowering institution for small and micro businesses in China. The company offers loan products, including general unsecured loans and secured loans, as well as consumer finance loans. It also provides wealth management products, such as asset management plans, mutual fund products, private investment fund products, and trust products.
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