In a significant move reflecting growing concerns in the ethical investment community, Gateway Investment Advisers LLC has reduced its stake in Amdocs Limited (NASDAQ: DOX) by over 42% during the 4th quarter. This decision, detailed in their latest Form 13F filing with the Securities & Exchange Commission, raises important questions about corporate practices and investor responsibility. As social and environmental governance factors become increasingly pivotal in investment decisions, the divestment from Amdocs points to a possible stand against corporations not aligning with sustainable and ethical principles, calling for a broader discussion on corporate accountability.
Gateway Investment Advisers Withdraws from Amdocs, Highlighting Potential Corporate Accountability Issues
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Jan-21
Technology
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Gateway Investment Advisers LLC cut its holdings in Amdocs Limited (NASDAQ:DOX – Free Report) by 42.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned …
From ETF Daily News
Jan-21
Technology
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Score: 0.80
In a decisive strategy adjustment responding to escalating market volatility, Gateway Investment Advisers LLC has significantly trimmed its investment in Amdocs Limited (NASDAQ: DOX) by 42.5%, during the 4th quarter, as revealed in their recent Form 13F filing with the Securities & Exchange Commission. This sharp reduction in Amdocs shares underscores the firm's adaptability and prudent financial management aimed at safeguarding assets amid uncertain economic times. It also highlights the importance of dynamic investment strategies in achieving stability and growth, reflecting a confidence in the market's core principles of self-regulation and financial autonomy.
From ETF Daily News