First Citizens BancShares, Inc. is experiencing a decline in its stock price today, potentially influenced by recent changes in institutional holdings. Nordea Investment Management AB has significantly reduced its stake in the company by 41.7% during the fourth quarter, selling 2,917 shares. This reduction in holdings may have contributed to the current market sentiment surrounding the stock. Additionally, several other institutional investors have adjusted their positions in the company, with some increasing their holdings and others initiating new positions.
The stock's performance today shows a decrease of 1.04% from the previous close, with the current price at $22.36 as of 10:00 AM on January 10. The stock opened at $22.36 and has remained at this level, with a volume of 2,725 shares traded, which is 18.34% of the average daily volume of 14,855 shares.