406,400 Shares in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) Bought by National Bank of Canada FI

National Bank of Canada FI bought a new stake in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 406,400 shares of the bank's stock, valued at approximately $3,918,000.

A number of other hedge funds have also made changes to their positions in SMFG. XY Capital Ltd purchased a new stake in shares of Sumitomo Mitsui Financial Group in the third quarter valued at approximately $6,678,000. FMR LLC increased its stake in shares of Sumitomo Mitsui Financial Group by 9.4% in the 3rd quarter. FMR LLC now owns 6,960,908 shares of the bank's stock worth $68,565,000 after acquiring an additional 600,360 shares during the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of Sumitomo Mitsui Financial Group by 93.3% during the 3rd quarter. Qube Research & Technologies Ltd now owns 789,521 shares of the bank's stock worth $7,777,000 after acquiring an additional 381,034 shares during the period. Ramirez Asset Management Inc. acquired a new position in shares of Sumitomo Mitsui Financial Group during the 3rd quarter valued at about $3,739,000. Finally, QRG Capital Management Inc. purchased a new stake in shares of Sumitomo Mitsui Financial Group in the third quarter valued at about $2,633,000. Institutional investors and hedge funds own 3.85% of the company's stock.

Sumitomo Mitsui Financial Group Trading Up 0.8 %

Sumitomo Mitsui Financial Group stock traded up $0.09 during midday trading on Friday, hitting $11.60. 408,761 shares of the stock were exchanged, compared to its average volume of 868,935. The stock has a market capitalization of $76.41 billion, a price-to-earnings ratio of 13.18, a PEG ratio of 1.25 and a beta of 0.59. The stock's 50-day simple moving average is $11.56 and its 200 day simple moving average is $10.52. Sumitomo Mitsui Financial Group, Inc. has a fifty-two week low of $7.88 and a fifty-two week high of $12.45.

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.