Acropolis Investment Management LLC Decreases Stake in Marathon Petroleum Corporation (MPC)

Acropolis Investment Management LLC lowered its stake in Marathon Petroleum Corporation (NYSE:MPC) by 4.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 42,350 shares of the oil and gas company’s stock after selling 2,015 shares during the period. Marathon Petroleum Corporation comprises 0.4% of Acropolis Investment Management LLC’s portfolio, making the stock its 29th largest position. Acropolis Investment Management LLC’s holdings in Marathon Petroleum Corporation were worth $2,216,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the company. Guardian Life Insurance Co. of America raised its position in shares of Marathon Petroleum Corporation by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 2,036 shares of the oil and gas company’s stock valued at $103,000 after buying an additional 14 shares in the last quarter. FTB Advisors Inc. raised its position in Marathon Petroleum Corporation by 484.9% in the first quarter. FTB Advisors Inc. now owns 2,047 shares of the oil and gas company’s stock valued at $104,000 after buying an additional 1,697 shares during the period. Carroll Financial Associates Inc. raised its position in Marathon Petroleum Corporation by 12.3% in the first quarter. Carroll Financial Associates Inc. now owns 2,287 shares of the oil and gas company’s stock valued at $115,000 after buying an additional 250 shares during the period. Jacobi Capital Management LLC raised its position in Marathon Petroleum Corporation by 32.2% in the first quarter. Jacobi Capital Management LLC now owns 2,340 shares of the oil and gas company’s stock valued at $116,000 after buying an additional 570 shares during the period. Finally, Tarbox Group Inc. raised its position in Marathon Petroleum Corporation by 1.5% in the first quarter….

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