Invesco Ltd. Trims Stake in PotlatchDeltic Co. (NASDAQ:PCH)

Invesco Ltd., a global investment management firm, has announced that it has trimmed its stake in PotlatchDeltic Co. (NASDAQ: PCH), a leading manufacturer of wood products in North America. The exact amount of the stake reduction was not disclosed, but it is believed to be part of Invesco's ongoing portfolio management strategy.

PotlatchDeltic Co. is headquartered in Spokane, Washington and operates in the forest products industry. The company produces a wide range of wood products, including lumber, plywood, engineered wood, and building materials. PotlatchDeltic Co. has a strong presence in North America, with operations in the United States and Canada.

Invesco Ltd. is one of the largest investment management firms in the world, with assets under management of over $1 trillion. The company offers a range of investment products and services, including mutual funds, exchange-traded funds (ETFs), and institutional investment solutions. Invesco Ltd. has a global presence, with operations in more than 40 countries.

The decision by Invesco Ltd. to trim its stake in PotlatchDeltic Co. is likely due to a variety of factors, including changes in the company's financial performance or market conditions. It is important to note that this information is based on publicly available sources and should not be construed as investment advice. Investors should always consult with a financial advisor before making any investment decisions.