SBI Securities Co. Ltd. acquired a new stake in Futu Holdings Limited (NASDAQ:FUTU – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,503 shares of the company’s stock, valued at approximately $120,000.
A number of other hedge funds have also added to or reduced their stakes in FUTU. Smartleaf Asset Management LLC increased its stake in Futu by 1,245.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 444 shares of the company’s stock valued at $36,000 after acquiring an additional 411 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Futu by 31.0% during the fourth quarter. GAMMA Investing LLC now owns 778 shares of the company’s stock worth $62,000 after buying an additional 184 shares in the last quarter. Venturi Wealth Management LLC acquired a new position in shares of Futu during the third quarter worth $92,000. Janus Henderson Group PLC acquired a new position in shares of Futu during the third quarter worth $201,000. Finally, M&T Bank Corp acquired a new position in shares of Futu during the third quarter worth $203,000.
Futu Stock Down 3.2 %
Shares of Futu stock opened at $113.00 on Friday. Futu Holdings Limited has a twelve month low of $51.80 and a twelve month high of $130.88. The stock has a market cap of $15.57 billion, a price-to-earnings ratio of 27.70, a P/E/G ratio of 0.79 and a beta of 0.78. The company’s fifty day moving average is $97.71 and its 200 day moving average is $88.95.
Analyst Ratings Changes
Read Our Latest Stock Report on FUTU
About Futu
Futu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. It offers online financial services, including securities and derivative trades brokerage, margin financing and fund distribution services through its Futubull and Moomoo digital platforms.
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