99 M&T Bank Corp has trimmed its position in Jabil Inc. (NYSE:JBL) by 26.4% during the fourth quarter, according to its recent Form 13F filing with the Securities and Exchange Commission. The institutional investor held 17,527 shares of the technology company’s stock after selling 6,294 shares during the period. At the close of the most recent quarter, M&T Bank Corp’s holdings in Jabil were valued at $2,233,000. Several other hedge funds have also adjusted their positions in JBL recently. Commonwealth Equity Services LLC increased its stake in Jabil by 5.5% during the third quarter, now owning 29,966 shares of the technology company’s stock valued at $3,802,000 after purchasing an additional 1,561 shares in the last quarter. Mackenzie Financial Corp boosted its holdings in Jabil by 63.8% in the third quarter, now holding 10,168 shares valued at $1,297,000 after acquiring an additional 3,960 shares during the quarter. IFM Investors Pty Ltd initiated a new position in Jabil during the third quarter, valued at approximately $3,183,000. Advisor Partners II LLC increased its holdings in Jabil by 3.2% in the third quarter, now owning 4,938 shares valued at $627,000 after acquiring an additional 153 shares in the last quarter. Additionally, Park Avenue Securities LLC established a new position in Jabil during the third quarter, valued at about $251,000. Currently, hedge funds and other institutional investors own 93.39% of Jabil’s stock. You Might Be Interested In Lam Research Unveils Innovative Deposition Technique for Next-Generation MEMS Inflationary Signs Emerge in Germany: Three States See Price Increases The Cigna Group Recognized as Top Employer for Employee Health and Well-Being Artificial Intelligence Boosts Productivity in Key Sectors, Paving the Way for Economic Growth Texas Instruments Faces Activist Investor Push for Free Cash Flow Improvement Watsco Shares Sold by Victory Capital Management
