NEOS Investment Management LLC Boosts Stake in Merck & Co., Inc.

NEOS Investment Management LLC increased its stake in Merck & Co., Inc. by 11% during the second quarter, according to a recent filing with the Securities and Exchange Commission.

The institutional investor purchased an additional 40,020 shares of the company's stock during the quarter, bringing its total holdings to 404,459 shares worth $51,973,000 as of its most recent filing.

This is not the only instance of increased investment in Merck & Co., Inc. this quarter, with several other large investors also buying more shares.