Forex
Saudi Central Bank Boosts Stake in PayPal Holdings Inc.
The Saudi Central Bank has increased its holdings in PayPal Holdings Inc. (NASDAQ:PYPL) by 2.7% during the second quarter, according to a recent Form 13F filing with the Securities and Exchange Commission.
As of its most recent SEC filing, the Saudi Central Bank owned about 0.12% of PayPal worth $43,768,000, including an additional 27,019 shares purchased during the period.
This is not the only institutional investor that has increased its holdings in PayPal; other notable investors include Mitsubishi UFJ Asset Management Co. Ltd., Swiss National Bank, and Easterly Investment Partners LLC.