Visa Stake Reduced by Nissay Asset Management
Nissay Asset Management Corp Japan has reduced its stake in Visa Inc. by 4.2% through the sale of 15,907 shares during the second quarter.
The firm owned 361,918 shares of Visa's stock after the sale and had a total holding value of $124,170,000 as of its latest SEC filing.
This move is part of a larger trend in which several institutional investors have adjusted their stakes in Visa during the second quarter.