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

May 17, 2018 - By Ashley Bratcher

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

According to 2018Q1 Securities and Exchange regulatory form Pcj Investment Counsel Ltd increased its stake in Bank Of Nova Scotia (NYSE:BNS) by 9.85%. 169,480 shares were bought by Pcj Investment Counsel Ltd as Bank Of Nova Scotia (NYSE:BNS) stock declined 5.86% with the market. Pcj Investment Counsel Ltd’s position was valued at $116.35 million for 1.89M shares. It’s up from 1.72M last quarter. Pcj Investment Counsel Ltd cut its stake in Royal Bank Of Canada (NYSE:RY) and reduced Telus Corp. (NYSE:TU) position by 502,780 shares for a total of 992,394 shares.

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 valued at $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.11.92 is the P/E ratio. 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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