Stocks
Ieq Capital LLC Invests $14.58 Million in Coca-Cola Consolidated
Ieq Capital LLC has acquired a significant stake in Coca-Cola Consolidated, Inc. (NASDAQ:COKE), investing $14.58 million in the company's stock during the second quarter.
The firm purchased 179,433 shares of COKE, accounting for approximately 0.27% of the company's outstanding stock as per its most recent filing with the SEC.
This is not an isolated instance, as several other institutional investors have also increased their stakes in Coca-Cola Consolidated during the second quarter. BlackRock Inc., Mitsubishi UFJ Asset Management Co. Ltd., and Deutsche Bank AG acquired new positions worth $26.23 billion, $1.59 billion, and $1.35 billion respectively.