Deutsche Bank Ag (DB) Shares Declined While Pictet North America Advisors Sa Increased Stake by $12.00 Million

June 27, 2018 - By Fidelia Bagby

Deutsche Bank Aktiengesellschaft (NYSE:DB) Corporate Logo

Pictet North America Advisors Sa’s stake in Deutsche Bank Ag (DB) is increased by 2926.32% based on its latest 2018Q1 regulatory filing with the SEC. The company’s stock sank 26.88% while Pictet North America Advisors Sa bought 923,255 shares. At the end of 2018Q1, the 954,805 shares of the major banks company held by the institutional investor were priced at $13.30M, up from 31,550 at the end of the previous reported quarter. For a total of 19,295 shares it reduced its holding in Powershares Qqq Trust (QQQ) by 149,600 shares in the quarter, and has cut its stake in Ishares Tr (IWM).

For more Deutsche Bank Aktiengesellschaft (NYSE:DB) news published briefly go to: Benzinga.com, Seekingalpha.com, Digitaljournal.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “A Concerning Weakness In Bank Stocks” published on June 16, 2018, “Alcoa: Strong Operating Momentum, Attractive Relative Value” on June 22, 2018, “NYSE:DB Shareholder Notice: Lawsuit Alleges Misleading Statements by Deutsche Bank Aktiengesellschaft” with a publish date: June 19, 2018, “Deutsche Bank: Once More Down In The Dumps” and the last “S&P cuts rating on Deutsche Bank” with publication date: June 01, 2018.

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