Rational Advisors Inc. Boosts Stake in Visa by 530.8%
Rational Advisors Inc., a financial services firm, significantly increased its stake in Visa Inc. (NYSE: V) during the second quarter, according to a recent filing with the Securities and Exchange Commission (SEC). The company's holdings in Visa were worth approximately $2.779 million as of its most recent filing.
According to the SEC Form 13F, Rational Advisors Inc. grew its position in shares of Visa by 530.8% in the second quarter. This represents a substantial increase in the firm's investment in the credit-card processor.
In addition to Rational Advisors Inc., other institutional investors have also modified their holdings of Visa. G&S Capital LLC lifted its position in Visa by 4.0%, while Keating Financial Advisory Services Inc. and NerdWallet Wealth Partners LLC increased their stakes in shares of Visa by 0.9% and 4.5%, respectively.