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Advisors Preferred LLC Sells 32,295 Shares of Intercontinental Exchange Inc. $ICE
Advisors Preferred LLC significantly reduced its stake in Intercontinental Exchange Inc. (ICE) by selling 32,295 shares, decreasing its holdings by 74%. Despite this, ICE reported strong Q1 results with adjusted EPS and revenue exceeding estimates, and approved an 8% higher quarterly dividend. While corporate insiders have been selling shares, institutional investors maintain a substantial ownership of 89.3% in the company.