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Xponance Inc. buys more Everest Group shares as Summit Global Investments sells off a large portion.
Xponance Inc. increased its stake in Everest Group by 3.1%, now owning 7,129 shares, while Summit Global Investments reduced its holdings by 54.1%.
Everest Group, a reinsurance and insurance products provider, recently reported a loss and missed earnings estimates.
The company has a market cap of $15.16 billion, a dividend yield of 2.27%, and is heavily owned by institutional investors.
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Xponance Inc. compra más acciones de Everest Group como Summit Global Investments vende una gran porción.