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[BUSINESS] · United States · 22 sources

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Investment firms increase stakes in PepsiCo

Ameritas Advisory Services LLC disclosed a purchase of 6,345 shares of PepsiCo Inc. (NASDAQ:PEP). In a separate filing, World Investment Advisors reported that it boosted its PepsiCo holding by 14.0% in the fourth quarter, acquiring an additional 6,830 shares to bring its total to 55,460 shares. Both transactions were disclosed to the U.S. Securities and Exchange Commission.

The purchases represent modest additions to each firm’s portfolios and do not affect PepsiCo’s overall shareholder composition in a material way.

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