Live Nation Entertainment, Inc. $LYV Position Increased by ProShare Advisors LLC
ProShare Advisors LLC significantly increased its stake in Live Nation Entertainment (LYV) during the fourth quarter, purchasing an additional 12,916 shares to bring its total holdings to 41,642 shares valued at approximately $5.93 million. This comes despite Live Nation reporting an EPS miss in its latest earnings, although revenue exceeded estimates. Institutional ownership in the company remains high at 74.52%, with several other hedge funds also boosting or initiating positions.