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Handelsbanken Fonder AB Trims PayPal Holdings Stake

Guavy AI Editorial Team
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CHF
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Handelsbanken Fonder AB, a Swedish investment firm, sold 41,875 shares of PayPal Holdings, Inc. during the second quarter, reducing its stake in the company by 12.2%. This sale lowered Handelsbanken's holdings in PayPal from 300,372 shares to the current 258,497 shares.

The value of Handelsbanken's PayPal holdings as of the most recent filing with the SEC was approximately $12.97 million. Other institutional investors have also made significant changes to their positions in PayPal recently, including Vanguard Group Inc., Swiss National Bank, and Easterly Investment Partners LLC.

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