Pacer Advisors Cuts Stake in Coca-Cola Europacific Partners

Pacer Advisors Inc., a financial institution, has reduced its stake in Coca-Cola Europacific Partners by cutting its holdings in shares of the company by 51.1% during the first quarter.

The fund owned 17,179 shares of Coca-Cola Europacific Partners after selling 17,967 shares during the quarter, valued at $1,558,000 as of its most recent SEC filing.

This reduction in stake is not an isolated incident, as several other hedge funds and institutional investors have also adjusted their holdings in Coca-Cola Europacific Partners.