As Unilever Plc (UL) Shares Declined, Holder Jackson Wealth Management LLC Trimmed Stake by $3.17 Million

April 19, 2018 - By Linda Rogers

Unilever PLC (NYSE:UL) Logo

Jackson Wealth Management Llc decreased its stake in Unilever Plc (UL) by 57.7% based on its latest 2017Q4 regulatory filing with the SEC. Jackson Wealth Management Llc sold 57,703 shares as the company’s stock declined 4.14% with the market. The institutional investor held 42,297 shares of the package goods and cosmetics company at the end of 2017Q4, valued at $2.33M, down from 100,000 at the end of the previous reported quarter. Jackson Wealth Management Llc who had been investing in Unilever Plc for a number of months, seems to be less bullish one the $146.70B market cap company. The stock decreased 2.39% or $1.34 during the last trading session, reaching $54.82. About 247,808 shares traded. Unilever PLC (NYSE:UL) has risen 5.35% since April 19, 2017 and is uptrending. It has underperformed by 6.20% the S&P500.

Jackson Wealth Management Llc, which manages about $318.34 million and $394.18M US Long portfolio, upped its stake in Wal (NYSE:WMT) by 52,974 shares to 110,696 shares, valued at $11.11M in 2017Q4, according to the filing.

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