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Global X Japan Co. Ltd. Increases Stock Position in Monster Beverage Corporation $MNST
Global X Japan Co. Ltd. significantly increased its stake in Monster Beverage Corporation by 444.5% during the fourth quarter, now owning 23,007 shares valued at $1,764,000. Other institutional investors also adjusted their positions, with hedge funds and institutional investors collectively owning 72.36% of the company’s stock. Monster Beverage recently beat earnings estimates, and analysts have set various price targets, with a consensus “Moderate Buy” rating.