Papp L Roy & Associates reduced its stake in shares of 3M ( NYSE:MMM – Get Rating ) by 21.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,262 shares of the conglomerate's stock after selling 16,519 shares during the period. Papp L Roy & Associates' holdings in 3M were worth $7,227,000 at the end of the most recent quarter. Other institutional investors also recently bought and sold shares of the company.

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