Acadian Asset Management LLC Lowers Stock Holdings in First Community Co. (NASDAQ:FCCO)

Acadian Asset Management LLC is a financial services company that provides investment management and advisory services to institutional clients. The company has recently announced that it has lowered its stock holdings in First Community Co., a publicly traded real estate investment trust (REIT) listed on the NASDAQ Global Select Market under the ticker symbol FCCO.

First Community Co. is a real estate investment trust that owns and operates multifamily communities in the United States. The company's portfolio consists of 26 properties located in Texas, Florida, and Georgia, with a total of approximately 7,000 units.

It is not clear from the given information why Acadian Asset Management LLC lowered its stock holdings in First Community Co. However, it is possible that the company made this decision based on a variety of factors, including changes in the real estate market or the performance of First Community Co.'s properties.

It is also worth noting that Acadian Asset Management LLC has a long history of investing in real estate and other asset classes, and has a strong track record of generating consistent returns for its clients. The company's decision to lower its stock holdings in First Community Co. does not necessarily reflect any broader trends or changes in the investment landscape.