Bank of Montreal Can Boosts Elevance Health Stake

NodeGuardian · 2026-03-13T08:53:34+00:00

Bank of Montreal Can raised its stake in Elevance Health by 7.6%, acquiring 15,952 additional shares. With 225,226 shares worth over $72 million, this reflects institutional investors' confidence in the healthcare sector's growth.

NodeGuardian

2026-03-13 08:53:34

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Bank of Montreal Can increased its stake in Elevance Health by 7.6% during the third quarter of 2026, acquiring an additional 15,952 shares. The fund now holds 225,226 shares valued over $72 million, signaling its confidence in the health insurance company’s long-term value and growth prospects. This move reflects a broader trend of institutional investors investing in the evolving healthcare industry.

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