One of the largest public U.S. pensions made some big changes in its domestic stock portfolio.
Colorado Public Employees’ Retirement Association slashed positions in tobacco giant Philip Morris International (ticker: PM) and Square (SQ) in the third quarter. Colorado Pera, as the pension is known, also dramatically increased its investment in shares of digital-media giant Adobe (ADBE), and added to a position in Peloton Interactive (PTON), a maker of upscale exercise bicycles. The pension disclosed the trades, among others,...
"sold" - Google News
November 14, 2020 at 07:00PM
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A Big Pension Sold Philip Morris and Square Stock. It Bought Adobe and Peloton. - Barron's
"sold" - Google News
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