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Amgen Inc (amgn) Most Bought Medical-biomedical And Gene Stock By Number Of Institutions

Genzyme Corp (GENZ) Buys Were 29% Of The Total Buying Value From The Top 30 Trades In The Industry

 
PRLog - Jul. 22, 2011 - MFFAIS.com featured their Quarterly Medical-Biomedical And Gene Industry Rundown. Mffais.com compiles the statistics from recent SEC filings by mutual funds and institutions to determine the positions taken and confidence in stocks by professional mutual fund managers and institutional investors.

Highlights included:

* Amgen Inc (AMGN) leads industry in number of funds buying shares 6.23% of industry buys

* Adventrx Pharmaceuticals Inc (ANX) had the highest overall confidence score (relation of funds buying versus fund selling)

* Celgene Corp (CELG) had second highest number of funds buying shares 4.86% of industry buys

* Intellipharmaceutics International Inc Ca (IPCI) had the second highest overall confidence score (relation of funds buying versus fund selling)

* The top 30 moves by funds in the industry by value of trade shows:

a) 53.33% buys versus 46.66% sells
b) Genzyme Corp (GENZ) buys were 16.66% of all activity, 31.25% of number of buys and 29.05% of value of buy trades
c) Amgen Inc (AMGN) buys were 13.33% of all activity, 25.00% of number of buys and 21.01% of value of buy trades

*  When institutions own multiple industry stocks, the most bought industry stock was Amgen Inc (AMGN)

*  When institutions own multiple industry stocks, the most sold industry stock was Amgen Inc (AMGN)


For details and the full report, including purchasing history and buying patterns, please visit http://www.mffais.com

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MFFAIS.com is the leading source of unique stock market research dedicated to providing individual investors with information listed on public record as fast as possible in an accessible and useful format

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