SmartHarvest Portfolios LLC Buys Shares of 9,927 AbbVie Inc. $ABBV
SmartHarvest Portfolios LLC has acquired 9,927 shares of AbbVie Inc. (NYSE:ABBV), valued at approximately $2.27 million, making it their 18th largest holding. This move is part of a broader trend of institutional investors like Vanguard, Geode Capital Management, and Norges Bank increasing their stakes in AbbVie, bringing total institutional ownership to over 70%. Despite a recent FDA Complete Response Letter for TrenibotE due to manufacturing issues, analyst sentiment remains largely positive, citing strong growth drivers in Skyrizi and Rinvoq and several price target increases.
https://www.marketbeat.com/instant-alerts/filing-smartharvest-portfolios-llc-buys-shares-of-9927-abbvie-inc-abbv-2026-06-12/