Fintel reports that on September 3, 2024, B of A Securities downgraded their outlook for CME Group (WBAG:CMEG) from Neutral to Underperform.
What is the Fund Sentiment?
There are 2,331 funds or institutions reporting positions in CME Group. This is an decrease of 7 owner(s) or 0.30% in the last quarter. Average portfolio weight of all funds dedicated to CMEG is 0.43%, an increase of 6.56%. Total shares owned by institutions increased in the last three months by 1.07% to 381,883K shares.
What are Other Shareholders Doing?
Capital World Investors holds 12,359K shares representing 3.43% ownership of the company. In its prior filing, the firm reported owning 13,185K shares , representing a decrease of 6.68%. The firm decreased its portfolio allocation in CMEG by 15.67% over the last quarter.
Jpmorgan Chase holds 11,550K shares representing 3.21% ownership of the company. In its prior filing, the firm reported owning 15,056K shares , representing a decrease of 30.36%. The firm decreased its portfolio allocation in CMEG by 31.97% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 11,366K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 11,307K shares , representing an increase of 0.52%. The firm decreased its portfolio allocation in CMEG by 10.73% over the last quarter.
Capital International Investors holds 10,184K shares representing 2.83% ownership of the company. In its prior filing, the firm reported owning 15,809K shares , representing a decrease of 55.24%. The firm decreased its portfolio allocation in CMEG by 40.20% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 9,241K shares representing 2.57% ownership of the company. In its prior filing, the firm reported owning 9,072K shares , representing an increase of 1.83%. The firm decreased its portfolio allocation in CMEG by 11.95% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.