21,606 Shares in Lightwave Logic, Inc. (NASDAQ:LWLG) Bought by Creative Planning

Creative Planning purchased a new stake in Lightwave Logic, Inc. (NASDAQ:LWLG) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 21,606 shares of the company’s stock, valued at approximately $60,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. lifted its position in shares of Lightwave Logic by 1.7% in the first quarter. Vanguard Group Inc. now owns 8,527,463 shares of the company’s stock valued at $39,909,000 after buying an additional 140,851 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Lightwave Logic by 10.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 434,991 shares of the company’s stock valued at $1,301,000 after acquiring an additional 39,576 shares during the period. UMB Bank n.a. lifted its position in Lightwave Logic by 5.1% during the second quarter. UMB Bank n.a. now owns 331,092 shares of the company’s stock worth $990,000 after acquiring an additional 16,000 shares during the last quarter. Daiwa Securities Group Inc. bought a new stake in shares of Lightwave Logic during the second quarter worth approximately $37,000. Finally, AE Wealth Management LLC acquired a new position in Lightwave Logic in the 2nd quarter valued at $31,000. Institutional investors own 27.04% of the company’s stock.

Lightwave Logic Stock Down 4.9 %

NASDAQ LWLG opened at $3.70 on Wednesday. Lightwave Logic, Inc. has a 12-month low of $2.43 and a 12-month high of $5.69. The firm has a 50-day moving average price of $3.07 and a two-hundred day moving average price of $3.20. The company has a market capitalization of $446.66 million, a P/E ratio of -20.55 and a beta of 2.00.

Lightwave Logic Profile

Lightwave Logic, Inc focuses on the development of photonic devices and electro-optical polymer materials systems for fiber-optic data communications, telecommunications, and optical computing markets in the United States. The company is involved in the designing and synthesizing of organic chromophores for use in its electro-optic polymer systems and photonic device designs.