Oppenheimer Asset Management Inc. Reduces Stake in Costco Wholesale Co.
Oppenheimer Asset Management Inc. Takes Action
ClariVest Asset Management LLC reduced its stake in Costco Wholesale Co. (NASDAQ:COST), one of the leading retailers.
Portfolio Adjustment
The institutional investor sold 18,326 shares during the 1st quarter, retaining 7,880 shares.
Conclusion: Oppenheimer Asset Management Inc. made a significant reduction in its holding of Costco Wholesale Co., signaling a strategic move.
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