Visa Sees Increased Institutional Support Amid Strong Earnings
Waverly Advisors LLC, an institutional investor, increased its position in Visa Inc. (NYSE:V) by 48% in Q2.
The company now owns 215,041 shares of Visa's stock after buying an additional 69,714 shares during the quarter.
This boost in ownership is part of a larger trend, as other hedge funds have also recently bought and sold shares of V. In total, institutional investors own 82.15% of the company's stock.