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U.K.’s Largest Charity Exits Meta Stock, Sells Apple, Microsoft

Por: MarketWatch Business April 23, 2023

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Wellcome manages about , and is the . The trust showed some investment savvy in its latest fiscal year ended Sept. 30, 2022, when its portfolio . The dove 17% over the same period. The trust exited its investment in Meta stock. At the , it owned 1.3 million shares of Facebook’s parent; by March 31, it owned none. Wellcome sold Meta stock while it was having quite a run. Shares rocketed 85% in the first quarter, compared with a 7% increase in... + full article



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