That makes sense.
I would think that if an institution wanted to acquire a position, or improve it, they'd do so slowly - so as not to drive the share price too far up at once.
And can anyone tell me why the date for institutional holdings is still showing March 31? When I go on Nasdaq, most of the dates show 3/31. There are, however, a few that show 6/30. Does that mean that nothing's changed for those holding since 3/31? And the 6/30 listings are what have?
Sorry, it's confusing to me.