New York Life Investment Management LLC Cuts Position in Freeport-McMoRan Inc. (NYSE:FCX)
New York Life Investment Management LLC lessened its holdings in Freeport-McMoRan Inc. ( NYSE:FCX – Get Rating ) by 0.7% during the fourth quarter,...

New York Life Investment Management LLC lessened its holdings in Freeport-McMoRan Inc. ( NYSE:FCX – Get Rating ) by 0.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 218,820 shares of the natural resource company's stock after selling 1,440 shares during the period. New York Life Investment Management LLC's holdings in Freeport-McMoRan were worth $8,315,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also recently modified their holdings of the business.