Gemmer Asset Management LLC Sells 183 Shares of Johnson & Johnson (NYSE:JNJ)

Gemmer Asset Management LLC is a financial services company that provides investment management and advisory services to institutional clients. The company has recently sold 183 shares of Johnson & Johnson (NYSE: JNJ), a multinational corporation that operates in the healthcare, consumer packaged goods, and pharmaceuticals industries.

Johnson & Johnson is one of the largest and most diversified companies in the world, with operations in over 220 countries and territories. The company's healthcare segment includes products such as medical devices, pharmaceuticals, and biotechnology products, while its consumer packaged goods segment includes brands such as Tylenol, Johnson & Johnson Baby, and Motrin.

Gemmer Asset Management LLC may have sold these shares for a variety of reasons, including to raise capital or to rebalance its portfolio. The sale of these shares does not necessarily indicate any change in the company's overall investment strategy or outlook on Johnson & Johnson as an investment opportunity. It is important to note that this information is based solely on publicly available data and should not be construed as financial advice.