Optas LLC cut its position in shares of Novartis AG ( NYSE:NVS – Get Rating ) by 33.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,494 shares of the company's stock after selling 1,274 shares during the quarter. Optas LLC's holdings in Novartis were worth $226,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors also recently made changes to their positions in NVS.

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