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United Capital Financial Advisors cut its CME Group holdings by nearly 15%, despite the company's strong earnings.
United Capital Financial Advisors reduced its holdings in CME Group by 14.9% in the fourth quarter, now owning 77,480 shares valued at $17.99 million.
CME Group reported earnings per share of $2.52, exceeding estimates.
The company operates markets for trading futures and options contracts and recently had a market cap of $94.73 billion.
Other firms like Franklin Resources and Aware Super have also adjusted their holdings in the company.
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United Capital Financial Advisors redujo sus participaciones en CME Group en casi un 15%, a pesar de las fuertes ganancias de la compañía.