Beacon Investment Advisory Services Inc. Cuts Stake in Home Depot by 78.3% in Q2

Beacon Investment Advisory Services Inc. has reduced its stake in Home Depot's shares by 78.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

The institutional investor owned 9,425 shares of the home improvement retailer's stock after selling 33,998 shares during the quarter. Beacon Investment Advisory Services Inc.'s holdings in Home Depot were worth $3,324,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Gator Capital Management LLC bought a new position in shares of Home Depot during the fourth quarter worth approximately $3,693,000.