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M&T Bank Corp executed significant adjustments to its investment portfolio, slashing its stake in Duke Energy by 85.5% while investing $5.68 million in Commerce.com. The bank also aggressively expanded its positions in other sectors, increasing its stake in TEX by 814.9% to 68,501 shares and raising its MGM holdings by 1,118.7% to 97,630 shares. Furthermore, the firm established a brand-new position in PRGS, acquiring 84,412 shares. These shifts reflect a strategic reallocation of capital into the industrial, leisure, and tech sectors, influenced by insider activity and earnings performance. Investors are closely monitoring the impact of these structural changes on the medium-term performance of the involved equities.
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