LPL Financial Holdings (LPLA) Shares are Up 11.13%

LPL Financial Holdings (LPLA) : Traders are bullish on LPL Financial Holdings (LPLA) as it has outperformed the S&P 500 by a wide margin of 17.4% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 11.21%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 11.13% in the last 1 week, and is up 21.34% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 14.57% and the 50-Day Moving Average is 9.68%. LPL Financial Holdings Inc. is up 3.17% in the last 3-month period. Year-to-Date the stock performance stands at -35.37%.


LPL Financial Holdings (NASDAQ:LPLA): stock turned positive on Friday. Though the stock opened at $26.26, the bulls momentum made the stock top out at $27.28 level for the day. The stock recorded a low of $25.85 and closed the trading day at $26.95, in the green by 6.69%. The total traded volume for the day was 1,264,827. The stock had closed at $25.26 in the previous days trading.

LPL Financial Holdings Inc. is an independent broker-dealer, a custodian for registered investment advisors (RIAs) and an independent consultant to retirement plans. The Company provides a platform of brokerage and investment advisory services to independent financial advisors, including financial advisors at around 700 financial institutions, enabling them to provide their retail investors with objective financial advice. It also supports approximately 4,400 financial advisors who are affiliated and licensed with insurance companies through customized clearing services, advisory platforms, and technology solutions. It provides its advisors with the front-office, middle-office, and back-office support. The Company provides its technology and service to advisors through a technology platform that is server-based and Web-accessible. Its subsidiaries include LPL Financial LLC, The Private Trust Company, N.A., Independent Advisers Group Corporation and LPL Insurance Associates, Inc.

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