Envestnet Asset Management Inc. cut its MongoDB, Inc. position by 56.4%. The reduction occurred during the third quarter.
The firm disclosed the sale of 57,391 shares in its latest Form 13F filing. Envestnet now holds 44,321 shares.
The remaining stake is valued at approximately $13.76 million. This position represents 0.05% of MongoDB.
Other institutional investors also adjusted their holdings in the company.