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Metis Global Partners LLC Has $22.53 Million Stake in AbbVie Inc. $ABBV
Metis Global Partners LLC has reduced its stake in AbbVie Inc. by 4.6%, now holding 97,286 shares valued at $22.53 million, making it their 27th largest holding. Despite this reduction, institutional ownership of AbbVie remains high, with other major investors increasing positions. AbbVie reported record Q4 sales and raised forward visibility, but faces challenges from a legal dispute over Botox pricing and increased competition in immunology.