The South Dakota Investment Council Reduces Holdings in World Wrestling Entertainment, Inc. ...Middle East

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On August 19, 2023, it was reported that the South Dakota Investment Council has reduced its holdings in World Wrestling Entertainment, Inc. (NYSE:WWE) by 14.6% during the first quarter. According to the company’s disclosure with the Securities and Exchange Commission (SEC), the firm sold 6,600 shares of WWE stock, resulting in the ownership of 38,663 shares at the end of the quarter. The South Dakota Investment Council now owns approximately 0.05% of World Wrestling Entertainment, with an estimated value of $3,528,000 as of the most recent quarter. This decision to decrease their holdings suggests a shift in their investment strategy or a reassessment of WWE’s prospects. World Wrestling E

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