Swiss National Bank Has $2.57 Million Stock Position in UFP Technologies, Inc. (NASDAQ:UFPT)

According to the most recent Form 13F filing with the Securities and Exchange Commission (SEC), Swiss National Bank grew its holdings in shares of UFP Technologies, Inc. NASDAQUFPT by 1.3% in the third quarter. The fund owned 15,900 shares of the industrial products company's stock after buying an additional 200 shares during the period.

UFP Technologies, Inc. is a leading provider of engineered wood products and solutions for residential and commercial construction, as well as for the automotive and industrial markets. The company operates in North America and Europe, and its products include engineered lumber, plywood, particleboard, and other wood-based building materials.

Swiss National Bank is a major financial institution based in Switzerland that provides a range of banking and investment services to individuals and businesses around the world. The bank has been in operation since 1864 and is one of the largest banks in Europe, with assets under management of over $500 billion.

It's worth noting that while Swiss National Bank has increased its holdings in UFP Technologies, Inc. NASDAQUFPT by 1.3% in the third quarter, this does not necessarily indicate a positive outlook for the company's stock performance. The value of a stock can be influenced by a variety of factors, including market conditions, industry trends, and company-specific news and developments.