Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Futu Holdings Limited (NASDAQ:FUTU – Free Report) by 11.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,780 shares of the company’s stock after purchasing an additional 1,961 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Futu were worth $1,582,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently bought and sold shares of the business. Aspex Management HK Ltd grew its stake in Futu by 2.4% in the 3rd quarter. Aspex Management HK Ltd now owns 4,553,023 shares of the company’s stock valued at $435,497,000 after purchasing an additional 108,219 shares during the period. Hhlr Advisors LTD. grew its stake in Futu by 46.8% in the 3rd quarter. Hhlr Advisors LTD. now owns 1,051,089 shares of the company’s stock valued at $100,537,000 after purchasing an additional 335,000 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Futu by 502.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 558,746 shares of the company’s stock valued at $53,444,000 after purchasing an additional 465,961 shares during the period. Geode Capital Management LLC lifted its position in shares of Futu by 3.3% during the 3rd quarter. Geode Capital Management LLC now owns 545,949 shares of the company’s stock valued at $51,475,000 after buying an additional 17,513 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Futu during the 3rd quarter valued at $39,943,000.
Futu Trading Down 1.1 %
Shares of FUTU stock opened at $117.11 on Tuesday. Futu Holdings Limited has a 12-month low of $51.80 and a 12-month high of $130.88. The firm’s 50 day moving average is $102.11 and its 200 day moving average is $91.83. The stock has a market capitalization of $16.14 billion, a P/E ratio of 28.70, a P/E/G ratio of 0.79 and a beta of 0.78.
Analysts Set New Price Targets
View Our Latest Report on Futu
Futu Company Profile
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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