Magellan increases shareholding of tech stocks for first time in 8 months

Magellan increased the shareholding of technology stocks for the first time in 8 months. Its manager reduced the ratio of cash assets from 5.15% to 2.5% in the 4 months, while lifted the proportion of IT stocks from 11.6% to 13.8%, still 5.1% less than the proportion of technology stocks of Standard and Poor

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