UMB Bank n.a. cut its position in Applied Materials, Inc. ( NASDAQ:AMAT – Free Report ) by 8.4% in the second quarter, Holdings Channel reports. The firm owned 11,098 shares of the manufacturing equipment provider's stock after selling 1,020 shares during the period. UMB Bank n.a.'s holdings in Applied Materials were worth $1,604,000 as of its most recent filing with the Securities & Exchange Commission. A number of other large investors have also recently made changes to their positions in AMAT.

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