Apollon Wealth Management Doubles Down on Johnson & Johnson
Apollon Wealth Management LLC has significantly increased its stake in Johnson & Johnson (JNJ) shares, acquiring an additional 27,192 shares during the second quarter. This move represents a 20.3% increase in the fund's holdings in JNJ.
The total value of Apollon Wealth Management LLC's holdings in Johnson & Johnson is approximately $40,960,000 as of its most recent filing with the SEC.
Other institutional investors have also made changes to their positions in JNJ during the fourth quarter. DecisionPoint Financial LLC lifted its stake in shares of JNJ by 104.2%, and Bay Harbor Wealth Management LLC boosted its holdings in shares of JNJ by 49.0% during the same period.
Johnson & Johnson has a market capitalization of $632.43 billion, a P/E ratio of 30.41, and a beta of 0.24.