Rhumbline Advisers Reduces Stock Position in Liberty Live Group (NASDAQ:LLYVK)

Rhumbline Advisers lessened its stake in Liberty Live Group (NASDAQ:LLYVK) by 1.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,683 shares of the company’s stock after selling 956 shares during the period. Rhumbline Advisers owned 0.05% of Liberty Live Group worth $1,863,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of LLYVK. Goldman Sachs Group Inc. boosted its stake in Liberty Live Group by 984.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,392,915 shares of the company’s stock valued at $52,081,000 after acquiring an additional 1,264,486 shares in the last quarter. Norges Bank acquired a new stake in shares of Liberty Live Group during the fourth quarter worth about $24,393,000. Weiss Asset Management LP acquired a new stake in shares of Liberty Live Group during the fourth quarter worth about $16,717,000. Bank of Nova Scotia acquired a new stake in shares of Liberty Live Group during the fourth quarter worth about $12,637,000. Finally, Vanguard Group Inc. boosted its stake in shares of Liberty Live Group by 7.1% during the fourth quarter. Vanguard Group Inc. now owns 4,731,716 shares of the company’s stock worth $176,919,000 after buying an additional 314,161 shares during the period. Institutional investors and hedge funds own 60.36% of the company’s stock.

Liberty Live Group Trading Down 0.7 %

Shares of LLYVK opened at $43.01 on Friday. Liberty Live Group has a fifty-two week low of $30.00 and a fifty-two week high of $44.16. The firm has a 50-day simple moving average of $39.29 and a 200-day simple moving average of $39.28.

Liberty Live Group (NASDAQ:LLYVK) last posted its quarterly earnings results on Thursday, August 8th. The company reported $1.46 earnings per share (EPS) for the quarter.

Liberty Live Group Profile

Liberty Live Group operates in the media, communications, and entertainment industries primarily in North America and the United Kingdom. The company is headquartered in Englewood, Colorado.