$10 Billion Worth of Coca-Cola Stock Held by Ethic Inc.
Ethic Inc., a financial institution, increased its stake in Coca-Cola Company (The) $KO by 15.0% in the second quarter, according to recent filings with the Securities & Exchange Commission.
The company's holdings in Coca-Cola were worth $10,746,000 at the end of the most recent reporting period. In total, Ethic Inc. owned 132,230 shares of the company's stock after acquiring an additional 17,217 shares during the quarter.
This is not the only instance of increased holdings in Coca-Cola from institutional investors and hedge funds. Other firms like Anfield Capital Management LLC, Evolution Wealth Management Inc., and Headlands Technologies LLC have also boosted their stakes in the company.