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Intercontinental Exchange Inc. $ICE Position Decreased by M.D. Sass LLC
M.D. Sass LLC has reduced its stake in Intercontinental Exchange Inc. (NYSE:ICE) by 4.9% during the third quarter, while other institutional investors have recently modified their holdings in the company. Despite this decrease, ICE makes up 4.5% of M.D. Sass LLC’s holdings, making it their 10th largest position. The article also highlights positive sentiment around ICE due to strong Q4 results, record trading volumes, a mortgage-technology rebound, and an 8% dividend increase, balanced by concerns about mortgage-market sensitivity.