Northwestern Mutual Wealth Management Adds $9M in Ambev S.A. ($ABEV)
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Northwestern Mutual Wealth Management increased its position in Ambev S.A. ($ABEV) by 3257.62% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,826,917 shares of Ambev S.A. after buying 2,742,723 shares during the quarter. Northwestern Mutual Wealth Management's holdings in Ambev S.A. were worth $8.86 million as of its most recent filing.
Ambev S.A. Stock Up 9.6%
Shares of Ambev S.A. ($ABEV) traded around $3.13 on Saturday, up 9.6% for the day.
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About Ambev S.A.
Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, soft drinks, malt and food, and other beverages in Brazil, Central America and Caribbean, Latin America South, and Canada. The company offers beer, ready-to-drink cocktails and spritzers, soft drinks, water, teas, and isotonic drinks under the Brahma, Skol, Antarctica, Original, Quilmes, Andes Origen, Patricia, Paceha, Huari, Pilsen, Presidente, Balboa, Guaraná Antarctica, and Beats brands. It sells its products to distributors, supermarkets, and retailers within a broad distribution network. The company was founded in 1853 and is headquartered in São Paulo, Brazil. Ambev S.A. operates as a subsidiary of Interbrew International B.V.
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