526,526 Shares in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) Bought by Moran Wealth Management LLC

Moran Wealth Management LLC acquired a new position in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFGFree Report) during the fourth quarter, Holdings Channel reports. The firm acquired 526,526 shares of the bank’s stock, valued at approximately $5,097,000.

Other institutional investors have also added to or reduced their stakes in the company. Bruce G. Allen Investments LLC bought a new position in Sumitomo Mitsui Financial Group in the fourth quarter valued at $33,000. Principal Securities Inc. bought a new position in Sumitomo Mitsui Financial Group in the fourth quarter valued at $34,000. Parkside Financial Bank & Trust increased its stake in Sumitomo Mitsui Financial Group by 1,392.6% in the third quarter. Parkside Financial Bank & Trust now owns 5,254 shares of the bank’s stock valued at $52,000 after acquiring an additional 4,902 shares during the last quarter. Hexagon Capital Partners LLC increased its stake in Sumitomo Mitsui Financial Group by 25.2% in the fourth quarter. Hexagon Capital Partners LLC now owns 6,160 shares of the bank’s stock valued at $60,000 after acquiring an additional 1,239 shares during the last quarter. Finally, NBC Securities Inc. bought a new position in Sumitomo Mitsui Financial Group in the third quarter valued at $96,000. Institutional investors own 3.85% of the company’s stock.

Sumitomo Mitsui Financial Group Stock Performance

SMFG traded up $0.45 during trading on Wednesday, reaching $12.26. The stock had a trading volume of 575,939 shares, compared to its average volume of 1,308,337. The stock has a market cap of $80.76 billion, a PE ratio of 13.99, a PEG ratio of 1.25 and a beta of 0.59. Sumitomo Mitsui Financial Group, Inc. has a one year low of $7.88 and a one year high of $12.45. The business has a 50-day moving average of $11.58 and a 200-day moving average of $10.56.

Sumitomo Mitsui Financial Group Profile

(Free Report)

Sumitomo Mitsui Financial Group, Inc, together with its subsidiaries, provides banking, leasing, securities, credit card, and consumer finance services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit segments.

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Institutional Ownership by Quarter for Sumitomo Mitsui Financial Group (NYSE:SMFG)

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