$9.6 Million Stake Trimmed: MasterInvest Kapitalanlage GmbH Sells Coca-Cola Shares
MasterInvest Kapitalanlage GmbH trimmed its stake in Coca-Cola Company (The) $KO by 24.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,512 shares of the company's stock after selling 38,969 shares during the quarter.
Coca-Cola makes up 0.8% of MasterInvest Kapitalanlage GmbH's portfolio, making it the company's 22nd largest position. The firm's holdings in Coca-Cola were worth $9,631,000 as of its most recent filing with the SEC.
Other large investors also made changes to their stakes in the company during the quarter. Lantern Wealth Advisors LLC boosted its holdings in shares of Coca-Cola by 3.6% in the second quarter. Paragon Private Wealth Management LLC increased its holdings in Coca-Cola by 1.4% during the same period.
Coca-Cola has a market capitalization of $383.59 billion and a PE ratio of 26.77. The company's fifty-day simple moving average is $85.12, and its 200-day simple moving average is $80.76.