Pcj Investment Counsel Ltd Upped Its Bank Of Nova Scotia (NYSE:BNS) Position by $10.34 Million as Price Declined

May 17, 2018 - By Fidelia Bagby

The Bank of Nova Scotia (NYSE:BNS) Corporate Logo

According to 2018Q1 Securities and Exchange filling Pcj Investment Counsel Ltd upped its stake in Bank Of Nova Scotia (NYSE:BNS) by 9.85%. Bank Of Nova Scotia (NYSE:BNS) declined 5.86% with the market as Pcj Investment Counsel Ltd bought 169,480 shares. Pcj Investment Counsel Ltd reported $116.35M position in Pcj Investment Counsel Ltd for 2018Q1. Now it holds 1.89M shares, compared to 1.72M last quarter. It decreased Royal Bank Of Canada (NYSE:RY) position by 154,130 shares to 1.61 million shares, and cut its Manulife Financial Corp. (NYSE:MFC) stake.

The Bank of Nova Scotia provides various financial services in North America, Latin America, the Caribbean and Central America, and the Asia-Pacific.The firm is worth $75.25 billion. It offers financial advice, solutions, and day-to-day banking products, including debit cards, checking and saving accounts, credit cards, investments, mortgages, loans, and related creditor insurance products to individuals and small businesses; and commercial banking solutions comprising lending, deposit, cash management, and trade finance solutions to medium and large businesses comprising automotive dealers and their customers.The P/E ratio is 11.92. The firm also provides a suite of investment and wealth management advice, services, products, and solutions to customers, as well as advisors.

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