Maryland State Retirement & Pension System cut its stake in shares of Illinois Tool Works Inc. ( NYSE:ITW – Free Report ) by 4.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,167 shares of the industrial products company's stock after selling 1,024 shares during the quarter. Maryland State Retirement & Pension System's holdings in Illinois Tool Works were worth $5,795,000 at the end of the most recent quarter.

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