Coca-Cola Sees Increased Institutional Ownership Amid Strong Earnings

Envestnet Portfolio Solutions Inc., a financial services company, increased its stake in Coca-Cola (KO) by 13.2% during the second quarter, according to a recent SEC filing.

The firm acquired an additional 29,658 shares of KO stock, bringing its total holdings to 254,949 shares worth $20.72 million as of its most recent filing with the SEC.

This is not the only change in ownership for Coca-Cola in recent quarters; Anfield Capital Management LLC boosted its holdings by 438.8% during the fourth quarter, and Evolution Wealth Management Inc. lifted its position by 1,081.8% during the same period.