The Hedge Fund Pcj Investment Counsel Ltd Upped Bank Of Nova Scotia (NYSE:BNS) Position by $10.34 Million

May 17, 2018 - By Robert Reynolds

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

In Bank Of Nova Scotia (NYSE:BNS) was increased the stake owned by Pcj Investment Counsel Ltd. The increase is 9.85% according to 2018Q1 Securities and Exchange filling. 169,480 shares were bought by Pcj Investment Counsel Ltd as Bank Of Nova Scotia (NYSE:BNS) stock declined 5.86% with the market. In 2018Q1, the 1.89M shares in Bank Of Nova Scotia (NYSE:BNS) held by Pcj Investment Counsel Ltd were valued $116.35M, up from 1.72 million last quarter. Pcj Investment Counsel Ltd cut its stake in Telus Corp. (NYSE:TU) and reduced Manulife Financial Corp. (NYSE:MFC) position by 705,610 shares for a total of 2.57 million 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 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.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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