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Ferguson Wellman Sells 9,312 Shares of Merck & Co.

Guavy AI Editorial Team
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MRK
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Ferguson Wellman Capital Management Inc., an investment firm, sold 9,312 shares of Merck & Co., Inc. (NYSE:MRK) in the second quarter.

The sale reduced Ferguson Wellman's holdings in Merck by 2.4%, bringing its total stake to 376,644 shares worth approximately $48.399 million at the end of the reporting period.

This move was part of a broader trend among institutional investors, with other firms like Nissay Asset Management Corp Japan and Braun Stacey Associates Inc. also adjusting their positions in Merck during the same quarter.

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