Beverly Hills Private Wealth Cuts Stake in UnitedHealth Group
Beverly Hills Private Wealth LLC has reduced its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH) by 15.4% during the second quarter, according to a recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,999 shares of the healthcare conglomerate's stock after selling 2,727 shares during the period.
UnitedHealth Group accounts for about 1.2% of Beverly Hills Private Wealth LLC's portfolio, making it the company's 24th largest holding. The value of Beverly Hills Private Wealth LLC's holdings in UnitedHealth Group was $6,234,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its position in UnitedHealth Group by 176.2% in the fourth quarter, while Revolve Wealth Partners LLC increased its holdings in UnitedHealth Group by 137.1% during the same period.