Peak Financial Exits $2.75 Million 3M Stake as Industrial Giant Eyes Turnaround

On Thursday, Peak Financial Advisors reported selling 18,052 shares of 3M Company worth an estimated $2.75 million, fully exiting its position in the third quarter.According to a filing with the Securities and Exchange Commission released Wednesday, Peak Financial Advisors sold all of its 18,052 shares in 3M Company (NYSE:MMM) during the quarter. The estimated transaction value was $2.75 million, based on the quarterly average share price. The fund reported holding no shares of 3M Company as of the end of the period.Before the third-quarter sale, 3M represented about 1.4% of Peak's reported assets.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool