Amgen Loses 22.6% of Institutional Investor's Stake
Ferguson Wellman Capital Management Inc., an institutional investor, has reduced its stake in Amgen Inc. (NASDAQ:AMGN) by 22.6% in the second quarter.
The company owned 247,072 shares of Amgen's stock after selling 72,166 shares during the period.
Amgen accounts for 1.1% of Ferguson Wellman Capital Management Inc.'s portfolio, making it its 25th biggest holding.
Ferguson Wellman Capital Management Inc.'s holdings in Amgen were worth $89,470,000 as of its most recent filing with the Securities & Exchange Commission.