Stocks
Envestnet Asset Management Sells Nearly 30% of Sherwin-Williams Holdings
Envestnet Asset Management Inc., an investment firm, sold approximately 282,215 shares of Sherwin-Williams Company (NYSE: SHW) stock in the second quarter. This sale represents a 32% reduction from Envestnet's previous holdings in the company.
The value of these shares is $206,810,000, accounting for about 0.25% of Sherwin-Williams' total market capitalization at the end of the most recent quarter.
Other investment firms have also made significant changes to their positions in Sherwin-Williams stock during the same period. For example, BlackRock Inc. purchased a new stake worth approximately $6,100,083,000 in the company's shares.