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Korea Investment CORP Has $23.43 Million Stake in Electronic Arts Inc. $EA
Korea Investment CORP has reduced its stake in Electronic Arts Inc. by 5.3% in the third quarter, holding 116,176 shares valued at $23.43 million. Other institutional investors like Grantham Mayo Van Otterloo & Co. LLC and First Trust Advisors LP increased their holdings. This comes as Electronic Arts announced a quarterly dividend and faces mixed sentiment regarding layoffs in its Battlefield division and takeover rumors.