HighTower Cuts Coca-Cola Stake Amid Price Surge
HighTower Advisors LLC has reduced its stake in Coca-Cola Company (NYSE:KO) by 2.3% in the second quarter, according to a recent disclosure with the Securities & Exchange Commission.
The firm now owns 2,896,306 shares of the company's stock after selling 67,006 shares during the period.
This represents about $235 million worth of Coca-Cola stock at the end of the most recent reporting period.