Grantham Mayo Van Otterloo & Co. LLC Has $69,000 Stock Holdings in Lufax Holding Ltd (NYSE:LU)

Grantham Mayo Van Otterloo & Co. LLC lowered its holdings in shares of Lufax Holding Ltd (NYSE:LU) by 87.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,662 shares of the company’s stock after selling 191,486 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Lufax were worth $69,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Walleye Capital LLC bought a new position in Lufax in the third quarter worth approximately $182,000. State Street Corp lifted its holdings 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 valued at $17,313,000 after purchasing an additional 155,006 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Lufax in the third quarter valued at approximately $1,479,000. Geode Capital Management LLC lifted its holdings in shares of Lufax by 35.7% in the third quarter. Geode Capital Management LLC now owns 123,616 shares of the company’s stock valued at $431,000 after purchasing an additional 32,536 shares in the last quarter. Finally, Soltis Investment Advisors LLC bought a new position in shares of Lufax in the third quarter valued at approximately $52,000. Institutional investors and hedge funds own 69.14% of the company’s stock.

Lufax Stock Up 4.9 %

LU stock opened at $2.57 on Thursday. Lufax Holding Ltd has a twelve month low of $2.00 and a twelve month high of $4.94. The stock’s 50 day moving average is $2.88 and its 200-day moving average is $2.76. The firm has a market capitalization of $2.23 billion, a PE ratio of -3.34 and a beta of 0.71.

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.