Fisher Asset Management LLC Boosts Stock Holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Fisher Asset Management LLC increased its holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG - Free Report) by 769.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 168,842 shares of the bank's stock after buying an additional 149,433 shares during the period. Fisher Asset Management LLC's holdings in Sumitomo Mitsui Financial Group were worth $1,634,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. First Trust Direct Indexing L.P. lifted its holdings in shares of Sumitomo Mitsui Financial Group by 12.6% during the 4th quarter. First Trust Direct Indexing L.P. now owns 308,496 shares of the bank's stock worth $2,986,000 after acquiring an additional 34,442 shares during the last quarter. Hexagon Capital Partners LLC increased its position in shares of Sumitomo Mitsui Financial Group by 25.2% during the 4th quarter. Hexagon Capital Partners LLC now owns 6,160 shares of the bank's stock valued at $60,000 after purchasing an additional 1,239 shares during the last quarter. Vanguard Capital Wealth Advisors raised its holdings in shares of Sumitomo Mitsui Financial Group by 3.1% during the 4th quarter. Vanguard Capital Wealth Advisors now owns 51,774 shares of the bank's stock valued at $501,000 after buying an additional 1,559 shares in the last quarter. Mission Wealth Management LP lifted its position in Sumitomo Mitsui Financial Group by 7.8% in the 4th quarter. Mission Wealth Management LP now owns 70,205 shares of the bank's stock worth $680,000 after buying an additional 5,066 shares during the last quarter. Finally, Naviter Wealth LLC boosted its stake in Sumitomo Mitsui Financial Group by 25.3% in the fourth quarter. Naviter Wealth LLC now owns 115,689 shares of the bank's stock worth $1,120,000 after buying an additional 23,366 shares in the last quarter. Institutional investors own 3.85% of the company's stock.

Sumitomo Mitsui Financial Group Price Performance

NYSE SMFG traded up $0.08 on Thursday, reaching $11.52. 574,269 shares of the company's stock traded hands, compared to its average volume of 1,337,969. The stock has a market cap of $75.88 billion, a PE ratio of 13.08, a P/E/G ratio of 1.24 and a beta of 0.59. Sumitomo Mitsui Financial Group, Inc. has a 12 month low of $7.88 and a 12 month high of $12.45. The stock has a 50-day simple moving average of $11.55 and a 200 day simple moving average of $10.49.

About Sumitomo Mitsui Financial Group

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.