Greenspring Advisors Invests $1.43 Million in Coca-Cola Consolidated
Greenspring Advisors LLC has invested $1.43 million in Coca-Cola Consolidated (NASDAQ:COKE) by purchasing 17,533 shares of the company's stock during the second quarter.
This investment is part of a larger trend where institutional investors are increasing their stakes in the beverage company.
Other notable investors who have bought new positions in COKE include BlackRock Inc., Mitsubishi UFJ Asset Management Co. Ltd., Deutsche Bank AG, and Vanguard Group Inc.
Coca-Cola Consolidated has seen its stock price increase by 0.4% to $187.60 on Friday, with a market cap of $12.49 billion and a price-to-earnings ratio of 24.88.