08:47 AM EDT, 08/14/2024 (MT Newswires) -- Bank of Nova Scotia ( BNS ) subsidiary 1832 Asset Management trimmed its holdings of the Israeli weapons manufacturer Elbit Systems by more than $100-million last quarter, bringing its ownership stake to nearly one-fifth of where it stood a year ago, The Globe and Mail newspaper is reporting Wednesday.

The asset manager has not indicated any reason for divesting its Elbit shares, which it disclosed in a securities filing late Tuesday.

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