In a move reflecting the growing concern over the ethics of investment in the healthcare sector, Gateway Investment Advisers LLC has reduced its holdings in Stryker Co. by 9.3% during the fourth quarter. This adjustment, documented in the latest SEC filings, points to a conscientious decision-making moment in the investment community, calling into question the sustainability and social responsibility of investing in medical technology companies. The reduction to 1,132 shares suggests a deeper consideration of how such investments impact public health and access to medical innovations.
Gateway Investment Divests from Stryker, Highlighting the Need for Ethical Investing in Healthcare
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Jan-21
Technology
Score: 0.50
Gateway Investment Advisers LLC lowered its stake in Stryker Co. (NYSE:SYK – Free Report) by 9.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,132 shares of the medical technology company’s stock after sell…
From ETF Daily News
Jan-21
Technology
Right Variant
Score: 0.80
In a strategic portfolio adjustment, Gateway Investment Advisers LLC has scaled down its investment in Stryker Co. by 9.3% in the last quarter, as per the latest 13F filings with the SEC. This move, reducing their holdings to 1,132 shares, underscores a prudent approach to risk management and the importance of diversifying investments in a free-market economy. It reflects the robust nature of the investment environment, where stakeholders are free to make decisions that align with their financial goals, demonstrating the dynamic and resilient nature of the American economic system.
From ETF Daily News