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Deep-Pocketed Investment Advisor Takes a $351 Million Step Back From This Shipping Giant, According to Wall Street Filing
The Motley Foolยท 2025-10-15 23:37
Pacer Advisors, Inc. disclosed a significant reduction in its United Parcel Service (UPS 0.05%) holdings, selling 3,884,101 shares for an estimated $351.8 million, according to an SEC filing dated October 15, 2025.What HappenedAccording to a filing with the Securities and Exchange Commission dated October 15, 2025, Pacer Advisors, Inc. sold 3,884,101 shares of United Parcel Service during the quarter. The estimated transaction value, based on the average share price for the quarter, was ~$351.8 million. Fol ...