Treasurer of the State of North Carolina Sells 4,700 Shares of Yum China Holdings, Inc. (NYSE:YUMC)

The Treasurer of the State of North Carolina has sold 4,700 shares of Yum China Holdings, Inc. NYSEYUMC during the third quarter. This represents a 4.4% reduction in the institutional investor's position in the company's stock. After the sale, the Treasurer of the State of North Carolina owned 102,109 shares of Yum China Holdings, Inc.'s stock.

Yum China Holdings, Inc. is a Chinese multinational food delivery company that operates in mainland China and Taiwan. The company was formed in 2014 as a spin-off from PepsiCo and has since grown to become one of the largest food delivery companies in the world. Yum China Holdings, Inc.'s stock is listed on the New York Stock Exchange under the ticker symbol NYSEYUMC.

It's worth noting that institutional investors, such as pension funds and endowments, often hold large positions in publicly traded companies and may sell or buy shares for a variety of reasons, including rebalancing their portfolios or adjusting their investment strategies. The sale of 4,700 shares by the Treasurer of the State of North Carolina does not necessarily indicate any specific reason for the transaction, but it is simply one of many factors that may be influencing the company's stock price and overall performance.