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Illinois pension fund buys more shares of Molina Healthcare, a provider of low-income health services.
The Illinois Municipal Retirement Fund increased its stake in Molina Healthcare by 4.3%, purchasing 1,421 more shares, totaling 34,412 shares worth $10,016,000.
Despite other investors buying and selling shares, Molina Healthcare reported earnings slightly below analyst expectations.
The company provides healthcare services to low-income families across 19 states under Medicaid, Medicare, and state insurance marketplaces.
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Fondo de pensiones de Illinois compra más acciones de Molina Healthcare, un proveedor de servicios de salud de bajos ingresos.