IndexIQ Advisors LLC lowered its stake in shares of Bancorp Inc (NASDAQ:TBBK) by 7.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 194,607 shares of the bank’s stock after selling 15,879 shares during the period. IndexIQ Advisors LLC owned approximately 0.34% of Bancorp worth $1,549,000 as of its most recent SEC filing. Other hedge funds also recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new position in Bancorp during the 4th quarter valued at about $89,000.
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