Strs Ohio Has $134,000 Stake in Lightwave Logic, Inc. (OTCMKTS:LWLG)

Strs Ohio reduced its stake in Lightwave Logic, Inc. (OTCMKTS:LWLGGet Rating) by 29.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 18,300 shares of the basic materials company’s stock after selling 7,700 shares during the period. Strs Ohio’s holdings in Lightwave Logic were worth $134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. King Luther Capital Management Corp boosted its holdings in shares of Lightwave Logic by 6.7% during the 2nd quarter. King Luther Capital Management Corp now owns 16,000 shares of the basic materials company’s stock worth $105,000 after buying an additional 1,000 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Lightwave Logic by 11.6% during the 1st quarter. JPMorgan Chase & Co. now owns 28,542 shares of the basic materials company’s stock valued at $274,000 after purchasing an additional 2,968 shares during the last quarter. UMB Bank n.a. increased its position in shares of Lightwave Logic by 1.1% during the 2nd quarter. UMB Bank n.a. now owns 285,952 shares of the basic materials company’s stock valued at $1,870,000 after purchasing an additional 3,000 shares during the last quarter. UBS Group AG increased its holdings in Lightwave Logic by 703.4% in the 2nd quarter. UBS Group AG now owns 3,808 shares of the basic materials company’s stock worth $25,000 after acquiring an additional 3,334 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in Lightwave Logic by 48.6% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 15,297 shares of the basic materials company’s stock worth $100,000 after acquiring an additional 5,000 shares during the last quarter. 21.94% of the stock is currently owned by institutional investors and hedge funds.

Lightwave Logic Stock Up 3.5 %

LWLG stock opened at $5.99 on Friday. The firm has a market capitalization of $675.89 million, a PE ratio of -33.28 and a beta of 2.13. Lightwave Logic, Inc. has a twelve month low of $3.91 and a twelve month high of $13.59. The stock has a 50-day simple moving average of $6.46 and a two-hundred day simple moving average of $7.94.

Lightwave Logic (OTCMKTS:LWLGGet Rating) last released its earnings results on Thursday, November 10th. The basic materials company reported ($0.04) earnings per share for the quarter.

Lightwave Logic Profile

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Lightwave Logic, Inc is a development stage company which engages in the commercialization of electro-optic photonic devices. The firm offers the P2ICTM technology platform which uses in-house proprietary organic polymers. Its products include electro-optical modulation devices and proprietary polymer photonic integrated circuits.

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Institutional Ownership by Quarter for Lightwave Logic (OTCMKTS:LWLG)

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