Smith Chas P & Associates Sells Some Merck Stock
Smith Chas P & Associates PA Cpas reduced its stake in Merck & Co., Inc. (NYSE:MRK) by 2.2% during the second quarter, according to a recent filing with the Securities and Exchange Commission.
The institutional investor owned 359,598 shares of Merck's stock after selling 7,925 shares during the period.
Merck makes up 2.2% of Smith Chas P & Associates PA Cpas' investment portfolio, making it the firm's 17th largest holding.