Scotia Capital INC Increased Manulife Finl Corp (MFC) Stake

May 3, 2018 - By Mark Williams

Manulife Financial Corporation (NYSE:MFC) Corporate Logo

The stake In Manulife Finl Corp (MFC) was rose held by Scotia Capital Inc. According to 2017Q4 Securities and Exchange filling the decrease is 8.21%. The company’s stock sank 12.62% while Scotia Capital Inc bought 764,012 shares. The life insurance company announced $209.99 million value for the 2017Q4. Now the institutional investor is holding 10.07 million shares, compared to the 9.30M from the previous quarter. $36.09 billion is the MC of Manulife Finl Corp. MFC is hitting $18.18 during the last trading session, after decreased 3.45%.Manulife Financial Corporation has 2.98 million shares volume, 5.09% up from normal. MFC is uptrending and has moved 4.92% since May 3, 2017. MFC underperformed the S&P 500 by 6.63%.

About $7.50 billion US Long portfolio Scotia Capital Inc manages. It decreased its stake in Verizon Communications Inc (NYSE:VZ) by 101,658 shares to 481,790 shares, valued at $25.50 million in 2017Q4, according to the filing. Scotia Capital Inc has cut its stake in Cvs Health Corp (NYSE:CVS) and also reduced its holding in General Electric Co (NYSE:GE) by 965,396 shares in the quarter, for a total of 1.63M shares.

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