Arizona State Retirement System Sells Boeing Shares Amid Ongoing Challenges
The Arizona State Retirement System has slightly reduced its stake in The Boeing Company, selling 7,431 shares during the second quarter. This move resulted in a 3.5% decrease in their holdings in BA.
The system now owns 207,154 shares of Boeing's stock, valued at $44,843,000. This is according to their most recent Form 13F filing with the SEC.
This sale is part of a broader trend in which institutional investors have been adjusting their holdings in Boeing. Other notable changes include Revolve Wealth Partners LLC purchasing a new position in BA and Sivia Capital Partners LLC increasing its stake by 16.5% during the second quarter.