Envestnet Portfolio Solutions Boosts Stake in Amgen by 15%
Envestnet Portfolio Solutions Inc. significantly increased its stake in Amgen Inc. (NASDAQ:AMGN) by 15% in Q2, according to a recent SEC filing.
The firm acquired an additional 3,169 shares during the quarter and now owns 24,293 shares of Amgen's stock, valued at $8,797,000 as of the end of Q2.
This is not an isolated instance; other institutional investors and hedge funds have also bought and sold shares of Amgen in recent quarters.