Prevail Innovative Wealth Advisors Reduces L3Harris Technologies Holdings

The firm decreased its stake in the aerospace and defense company by 29% in the third quarter.

Published on Mar. 8, 2026

Prevail Innovative Wealth Advisors LLC decreased its position in L3Harris Technologies Inc (NYSE:LHX) by 29.0% during the 3rd quarter, according to a recent report. The firm now owns 16,138 shares of the company's stock, valued at $4.93 million, making it the 26th largest holding in its investment portfolio.

Why it matters

L3Harris Technologies is a major player in the aerospace and defense industry, providing a range of technology solutions for government and commercial customers. Prevail Innovative Wealth Advisors' reduced stake in the company could signal a shift in the firm's investment strategy or outlook on the industry.

The details

Prevail Innovative Wealth Advisors sold 6,596 shares of L3Harris Technologies during the third quarter, reducing its total holdings to 16,138 shares. The firm cited the company's stock performance and market conditions as factors behind the decision to decrease its position.

  • Prevail Innovative Wealth Advisors reduced its L3Harris Technologies holdings during the 3rd quarter of 2026.

The players

Prevail Innovative Wealth Advisors LLC

An investment management firm that decreased its position in L3Harris Technologies Inc.

L3Harris Technologies Inc

An American aerospace and defense company that provides a range of technology solutions for government and commercial customers.

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The takeaway

Prevail Innovative Wealth Advisors' reduced stake in L3Harris Technologies could reflect broader trends in the aerospace and defense industry, as investors weigh factors like stock performance and market conditions when adjusting their portfolios.