Great Lakes Advisors Takes Stake in Merck & Co.

Great Lakes Advisors LLC has made a new investment in Merck & Co., Inc. (NYSE:MRK), purchasing 75,899 shares of the company's stock valued at approximately $9,753,000.

This is not the only recent investment in MRK; other institutional investors have also modified their holdings of the company.

Pinnbrook Capital Management LP increased its holdings by 95.2% in the fourth quarter, and Cibc World Market Inc. boosted its stake by 32.6% during the same period.

The market cap of MRK is $378 billion, with a PE ratio of 122.57 and a beta of 0.19.