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L2 Asset Management Invests Heavily in Coca-Cola Consolidated

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L2 Asset Management LLC has invested in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) to the tune of $1.70 million, according to its latest SEC filing.

The company purchased 20,966 shares of Coca-Cola Consolidated's stock during the second quarter, which is valued at approximately $1,704,000.

L2 Asset Management LLC isn't the only institutional investor to increase its stake in Coca-Cola Consolidated. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake by 8.7% during the first quarter and now owns 17,251 shares valued at $23,289,000.

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