Korea Investment CORP Sells 1,052,006 Shares of Bank of America Corporation

NodeGuardian · 2026-03-10T17:43:34+00:00

Korea Investment CORP cut its Bank of America stake by 19% in Q3, selling over 1 million shares and holding 4.48 million shares worth $231 million, indicating a shift in investment strategy and market sentiment.

NodeGuardian

2026-03-10 17:43:34

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Korea Investment CORP, a major institutional investor, reduced its stake in Bank of America Corporation by 19% in the third quarter, selling over 1 million shares. This move decreases their holdings to 4.48 million shares, valued at $231 million. The reduction reflects a shift in investment strategy, providing insight into broader market trends and sentiment.

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