37,742 Shares in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC acquired a new position in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 37,742 shares of the bank’s stock, valued at approximately $3,899,000.

Other institutional investors also recently bought and sold shares of the company. Bruce G. Allen Investments LLC purchased a new position in shares of Sumitomo Mitsui Financial Group in the fourth quarter valued at $33,000. Parkside Financial Bank & Trust increased its holdings in Sumitomo Mitsui Financial Group by 1,392.6% during the 3rd 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 in the last quarter. NBC Securities Inc. acquired a new position in Sumitomo Mitsui Financial Group during the third quarter worth about $96,000. Wedmont Private Capital raised its position in Sumitomo Mitsui Financial Group by 24.8% during the fourth quarter. Wedmont Private Capital now owns 12,684 shares of the bank’s stock worth $126,000 after acquiring an additional 2,517 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Sumitomo Mitsui Financial Group by 9.6% in the third quarter. Commonwealth Equity Services LLC now owns 14,133 shares of the bank’s stock valued at $139,000 after purchasing an additional 1,235 shares in the last quarter. 3.85% of the stock is currently owned by hedge funds and other institutional investors.

Sumitomo Mitsui Financial Group Price Performance

Shares of SMFG opened at $11.52 on Friday. Sumitomo Mitsui Financial Group, Inc. has a 1-year low of $7.88 and a 1-year high of $12.45. The firm has a 50 day simple moving average of $11.55 and a 200-day simple moving average of $10.49. The stock has a market cap of $75.88 billion, a price-to-earnings ratio of 13.09, a price-to-earnings-growth ratio of 1.24 and a beta of 0.59.

Sumitomo Mitsui Financial Group Company Profile

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.