First Trust Advisors LP Purchases Shares of 23,631 Liberty Live Group (NASDAQ:LLYVK)

First Trust Advisors LP acquired a new position in Liberty Live Group (NASDAQ:LLYVK) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 23,631 shares of the company’s stock, valued at approximately $1,608,000.

Other institutional investors have also modified their holdings of the company. Canada Pension Plan Investment Board lifted its stake in Liberty Live Group by 4.3% during the fourth quarter. Canada Pension Plan Investment Board now owns 51,232 shares of the company’s stock valued at $3,487,000 after purchasing an additional 2,109 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of Liberty Live Group during the 4th quarter valued at $8,832,000. Sterling Capital Management LLC boosted its stake in shares of Liberty Live Group by 49.8% during the 4th quarter. Sterling Capital Management LLC now owns 2,782 shares of the company’s stock worth $189,000 after acquiring an additional 925 shares in the last quarter. Phoenix Financial Ltd. acquired a new position in shares of Liberty Live Group in the 4th quarter worth $275,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Liberty Live Group during the fourth quarter worth $730,000. Institutional investors and hedge funds own 60.36% of the company’s stock.

Liberty Live Group Stock Down 1.2 %

NASDAQ:LLYVK opened at $73.64 on Wednesday. The stock has a fifty day simple moving average of $68.56 and a 200 day simple moving average of $69.22. The firm has a market capitalization of $6.76 billion, a price-to-earnings ratio of -216.59 and a beta of 1.54. Liberty Live Group has a 1-year low of $33.50 and a 1-year high of $81.66.

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.