Institute for Wealth Management LLC. lowered its position in The Boeing Company ( NYSE:BA – Free Report ) by 1.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,175 shares of the aircraft producer's stock after selling 250 shares during the quarter. Boeing accounts for about 0.7% of Institute for Wealth Management LLC.'s holdings, making the stock its 28th largest position. Institute for Wealth Management LLC.'s holdings in Boeing were worth $3,436,000 at the end of the most recent reporting period.

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