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BOK Financial Private Wealth Inc. Lowers Holdings in Johnson & Johnson $JNJ
BOK Financial Private Wealth Inc. significantly reduced its stake in Johnson & Johnson by 35.7% in Q3, selling 4,699 shares. Despite this, other institutional investors, such as AustralianSuper and the Treasurer of North Carolina, increased their holdings, with institutional ownership of JNJ standing at approximately 69.55%. Key positive catalysts for J&J include the FDA approval of a once-monthly dosing for RYBREVANT FASPRO and continued strong growth in its MedTech segment, while legal risks from talc verdicts remain a negative factor.