Asahi Life Asset Management CO. LTD. cut its stake in NIKE, Inc. ( NYSE:NKE – Get Rating ) by 26.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,649 shares of the footwear maker's stock after selling 11,270 shares during the period. NIKE makes up approximately 1.2% of Asahi Life Asset Management CO. LTD.'s holdings, making the stock its 29th largest holding. Asahi Life Asset Management CO.

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