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Wbi Investments INC Position in Macys INC (M) Has Trimmed as Market Valuation Declined

Wbi Investments Inc sold 659,859 shares as the company’s stock declined 29.23% while stock markets rallied. Wbi Investments Inc who had been investing in Macys Inc for a number of months, seems to be less bullish one the $7.45 billion market cap company. Wbi Investments Inc, which manages about $2.52B and $886.03M US Long portfolio, upped its stake in First Tr Exchange Traded Fd by 142,013 shares to 170,779 shares, valued at $8.72 million in 2018Q4, according to the filing. More notable recent Macy's, Inc. (NYSE:M) news were published by: which released: “Even After Earnings Beat, Analysts Aren’t Buying Macy’s (NYSE:M) – Benzinga” on February 27, 2019, also with their article: “Expect More Store Closings at JC Penney and Macy’s – Motley Fool” published on March 05, 2019, published: “Expect Macy’s, Nordstrom Volatility Around Quarterly Prints (NYSE:M)(NYSE:JWN) – Benzinga” on February 21, 2019.

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