Merck Stock Attracts New Investor, Institutional Holdings Reach All-Time High
Louisiana-based LM Advisors LLC has acquired a new position in Merck & Co., Inc. (NYSE:MRK) for approximately $1.81 million, according to its latest SEC filing.
The firm purchased 14,000 shares of the company's stock during the second quarter.
This is not the only institutional investor that has bought into Merck & Co., Inc. recently; other notable investors include TrinityBridge Ltd, Jupiter Wealth Management LLC, OVERSEA CHINESE BANKING Corp Ltd, and Great Lakes Advisors LLC.