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Home Depot Sees Surge in Institutional Investment

Guavy AI Editorial Team
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Magnolia Capital Advisors LLC has invested $3.51 million in Home Depot's stock by buying 9,948 shares during the second quarter.

This is not an isolated event as other hedge funds and institutional investors have also increased their stakes in Home Depot.

Parvin Asset Management LLC, for example, lifted its position in Home Depot by 110% in the third quarter, while Zeit Capital LLC acquired a new position worth $26,000 in the second quarter.

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