Wix.com shares fell by 1.48% in the latest trading session, underperforming the broader technology index, which gained 0.9% over the same period. This marks the third down day for the stock in the past week, with investors citing profit-taking after a recent rally driven by stronger-than-expected subscriber growth. Trading volume was 15% above the 30-day average, suggesting heightened investor activity around the pullback.

IMS Investment Management Services Ltd. boosted its position in Wix.com by 18.8% during the third quarter, acquiring an additional 71,420 shares to bring its total holding to 451,914 shares. That stake represents 2.5% of IMS’s overall portfolio and is now the firm’s sixth largest position. At the reported valuation of $80.27 million for those shares, IMS’s exposure to Wix.com has increased substantially compared with the prior quarter.

Several other institutions also reshaped their Wix.com holdings in recent quarters. Northwestern Mutual Wealth Management Co. lifted its stake by 63.5% to 170 shares, Advisors Asset Management Inc. added 109 shares for a 28.4% gain to reach 493 shares, and TD Private Client Wealth LLC increased its position by 25.4% to 597 shares. Blue Trust Inc. built its holding by 47.8% to 408 shares, while TD Asset Management Inc. modestly expanded its position by 0.8% to 21,218 shares. Collectively, institutional investors now own 81.52% of Wix.com’s outstanding stock.