Bank of America Corp DE has reduced its stake in NIKE, Inc. (NYSE:NKE) by 24.8% during the second quarter, according to a recent filing with the Securities & Exchange Commission.
The firm now owns 10,656,406 shares of NIKE's stock after selling 3,522,076 shares during the period.
This represents about 0.72% of NIKE's outstanding shares and is valued at approximately $437,445,000 as of its most recent SEC filing.
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