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Prevail Innovative Wealth Advisors Boosts JNJ Stake by 75.6%

Guavy AI Editorial Team
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Prevail Innovative Wealth Advisors LLC increased its stake in Johnson & Johnson (NYSE:JNJ) by 75.6% during the second quarter, according to a recent filing with the Securities and Exchange Commission.

The firm now owns 11,950 shares of the company's stock, valued at $3,035,000.

This acquisition brings the total value of Prevail Innovative Wealth Advisors LLC's holdings in Johnson & Johnson to over $3 million.

Johnson & Johnson reported a quarterly revenue of $25.31 billion, up 6.6% year-over-year, and adjusted earnings per share of $2.90, exceeding analyst expectations.

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