West Paces Advisors Boosts Coca-Cola Stake by 20%

West Paces Advisors Inc. has significantly increased its stake in Coca-Cola Company (The) ($KO). According to its most recent filing with the Securities and Exchange Commission, the institutional investor now owns 131,783 shares of the company's stock after purchasing an additional 21,929 shares during the second quarter.

This represents a 20% increase in West Paces Advisors Inc.'s holdings in Coca-Cola. The stake is valued at $10,710,000 as of its most recent filing and comprises about 1.8% of the company's overall holdings.

Other institutional investors have also increased their positions in Coca-Cola, with Brighton Jones LLC boosting its stake by 13.3% during the fourth quarter and Revolve Wealth Partners LLC lifting its position by 3.4% in the same period.