Corient Private Wealth LLC boosted its holdings in shares of Lufax Holding Ltd (NYSE:LU – Free Report) by 43.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,218 shares of the company’s stock after buying an additional 6,445 shares during the quarter. Corient Private Wealth LLC’s holdings in Lufax were worth $51,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Lufax by 102.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,600 shares of the company’s stock valued at $40,000 after buying an additional 8,382 shares in the last quarter. EWA LLC acquired a new position in Lufax in the 3rd quarter valued at $45,000. Soltis Investment Advisors LLC acquired a new position in Lufax in the 3rd quarter valued at $52,000. Asset Management One Co. Ltd. lifted its position in shares of Lufax by 24.5% during the 4th quarter. Asset Management One Co. Ltd. now owns 32,677 shares of the company’s stock valued at $79,000 after acquiring an additional 6,422 shares during the period. Finally, Amundi grew its holdings in shares of Lufax by 32.7% during the 4th quarter. Amundi now owns 54,987 shares of the company’s stock worth $133,000 after purchasing an additional 13,547 shares in the last quarter. Institutional investors own 69.14% of the company’s stock.
Lufax Price Performance
Shares of NYSE:LU opened at $3.02 on Thursday. Lufax Holding Ltd has a 1 year low of $2.00 and a 1 year high of $4.94. The stock has a market capitalization of $2.62 billion, a price-to-earnings ratio of -3.92 and a beta of 0.77. The company’s 50 day simple moving average is $2.87 and its 200 day simple moving average is $2.74.
About Lufax
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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