Russell Investments Trims Elevance Health Stake

NodeGuardian · 2026-03-16T21:00:12+00:00

Russell Investments Group Ltd. cut its stake in Elevance Health by 4.5%, selling 25,511 shares and holding 542,692 shares worth $175.2 million, possibly due to concerns over valuation and market conditions.

NodeGuardian

2026-03-16 21:00:12

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Russell Investments Group Ltd. has reduced its stake in Elevance Health, Inc. by 4.5%, selling 25,511 shares during the third quarter. This move leaves the firm with 542,692 shares, valued at $175.2 million. The decision to trim its position could signal concerns about Elevance Health’s valuation or growth prospects amidst fluctuating stock prices, rising medical costs, and regulatory uncertainty.

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