CCM Investment Advisers LLC Sells 6,485 Shares of Merck & Co., Inc. (NYSE:MRK)
CCM Investment Advisers LLC reduced its position in Merck & Co., Inc. (NYSE:MRK) by 4.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 152,271 shares of the company’s stock after selling 6,485 shares during the quarter. Merck & Co., Inc. accounts for approximately 2.1% of CCM Investment Advisers LLC’s holdings, making the stock its 16th biggest holding. CCM Investment Advisers LLC’s holdings in Merck & Co., Inc. were worth $12,818,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the business. Titan Capital Management LLC CA purchased a new stake in shares of Merck & Co., Inc. in the 2nd quarter valued at approximately $25,000 ...