KLP Kapitalforvaltning AS Cuts Position in Merck & Co., Inc. $MRK

KLP Kapitalforvaltning AS reduced its stake in Merck & Co., Inc. by 3.7% in the fourth quarter, selling 48,900 shares and now holding 1,275,270 shares valued at $135.15 million. This adjustment makes Merck the 25th largest holding in their portfolio, representing about 0.5% of their total assets. Despite KLP Kapitalforvaltning AS’s reduction, other institutional investors have recently increased their positions in Merck.

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