Bank Pictet & Cie Cuts PepsiCo Stake by 51.9%, Sells 72,532 Shares
Bank Pictet & Cie Europe AG cut its third-quarter PepsiCo stake by 51.9%, selling 72,532 shares and retaining 67,101 shares valued at $9.424 million at quarter-end. PepsiCo’s stock remains 73.07% institutionally held following this decrease.
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