HighTower Advisors Dumps 1.6M Shares of Nike Stock
HighTower Advisors LLC significantly reduced its stake in Nike Inc. (NKE) during the second quarter by selling 1,593,250 shares.
The firm's holdings in NKE were worth $15,283,000 at the end of the most recent quarter after owning 372,300 shares following the sale.
This reduction in stake represents an 81.1% decrease from the previous quarter.