XPO Update: Envestnet Asset Management Inc. Sells 3,939 Shares
We’ve learned that Envestnet Asset Management Inc. reduced its stake in XPO, Inc. (ticker: XPO) by selling 3,939 shares. This move may seem modest, but when an institutional investor steps back, it often raises questions for all of us watching the stock. In this piece, we’ll dig into who Envestnet is, what drove the sale,…