HighTower Advisors LLC Sells 5,568 Shares of Orthofix Medical Inc. (NASDAQ:OFIX)

HighTower Advisors LLC is a financial services firm that provides investment management and advisory services to institutional clients. The company was founded in 1996 and has its headquarters in Chicago, Illinois.

Orthofix Medical Inc. is a medical device company that designs, develops, and markets orthopedic devices and implants. The company's products are used to treat various musculoskeletal conditions, such as spinal stenosis, degenerative disc disease, and osteoarthritis. Orthofix Medical Inc. is headquartered in Plano, Texas.

In its most recent Form 13F filing with the Securities and Exchange Commission, HighTower Advisors LLC reported that it cut its holdings in Orthofix Medical Inc. NASDAQOFIX by 4.3% during the 3rd quarter. The firm owned 123,304 shares of the medical device company's stock after selling 5,568 shares during the period.

It is worth noting that Form 13F filings are required by law for institutional investors who own more than $100 million in securities. These filings provide information about the investor's holdings and transactions in publicly traded companies, including the number of shares owned and the price at which they were acquired or sold.

It is also worth noting that the sale of 5,568 shares by HighTower Advisors LLC represents a relatively small portion of its overall holdings in Orthofix Medical Inc. The company still owns a significant amount of stock in the medical device company, indicating that it continues to view the company as a potential investment opportunity.