Crane NXT shares see mixed institutional activity

Bank of Nova Scotia acquired 31,104 shares of Crane NXT, Co. (NYSE:CXT) in the first quarter, a purchase valued at about $1.26 million that gave the bank a 0.05 % stake in the company. At the same time, Bessemer Group Inc. dramatically reduced its holding, selling 428,799 shares and leaving it with only 639 shares worth roughly $26,000, a decline of 99.9 %.

Other institutional investors also adjusted their positions: CIBC Private Wealth Group increased its stake by 6.3 %, California State Teachers Retirement System added 0.6 %, Madison Asset Management lifted its holding by 0.6 %, Creative Planning raised its position by 2.9 %, and Kestra Advisory Services boosted its stake by 7.7 %. Institutional ownership of Crane NXT now totals approximately 77.5 % of the company's shares.