Pensions fund from Ohio cuts their stake in Express by 86 percent

Public Employees Retirement System of Ohio lowered its stake in shares of Express Inc. (NYSE:EXPR) by 88.6 percent during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).

The fund owned 10,343 shares of the company’s stock after selling 80,734 shares during the period. Public Employees Retirement System of Ohio’s holdings in Express were worth 150,000 dollars as of its most recent SEC filing.

In the meantime, other hedge funds have also recently raised theirs stakes in the fashion retailer’s equity.

It’s the case of Profund Advisors LLC (+0.3 percent in the second quarter), Sei Investments Co. (+2 percent to 38,487 shares of the company’s stock), Suntrust Banks Inc. (+7 percent), Teacher Retirement System of Texas (raised its stake in Express by 11.1 percent), and US Bancorp DE (increased their position in the retailer’s equity by 23.2 percent).