Impax Asset Management Group plc decreased its position in Otis Worldwide Co. ( NYSE:OTIS – Get Rating ) by 3.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 423,224 shares of the company's stock after selling 16,598 shares during the quarter. Impax Asset Management Group plc's holdings in Otis Worldwide were worth $33,143,000 at the end of the most recent reporting period. A number of other large investors have also added to or reduced their stakes in the company.

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