Stocks
Jupiter Wealth Management Invests in Merck & Co., Inc.
Jupiter Wealth Management LLC has invested in Merck & Co., Inc. (NYSE:MRK), buying 13,800 shares of the company's stock worth approximately $1,773,000.
This is not an isolated incident, as other hedge funds have also made changes to their positions in MRK during the second quarter.
Oxbow Advisors LLC raised its stake by 8.9% and now owns 3,575 shares of the company's stock valued at $459,000 after buying an additional 292 shares.
Wealthfront Advisers LLC boosted its holdings in MRK by 2.0%, owning 317,659 shares worth $40,819,000 after acquiring an additional 6,380 shares.