Amgen Sees Large Investor Stake Increase Amid Strong Earnings
State Street Corp has increased its position in Amgen Inc.
The institutional investor purchased an additional 11,656,755 shares during the second quarter, according to its most recent Form 13F filing with the SEC.
This move resulted in State Street Corp owning 42,205,243 shares of Amgen's stock, representing a 38.2% increase in their holdings.
The total value of State Street Corp's Amgen holdings is approximately $15.28 billion, accounting for 7.81% of the company's outstanding shares.