Korea Investment CORP Invests $217 Million in Home Depot

Korea Investment CORP, an institutional investor, has invested $217.38 million in The Home Depot, Inc. ($HD) by purchasing a new stake in the company's stock during the second quarter.

The investment consists of 616,378 shares valued at approximately $217,384,000, which represents about 0.06% of Home Depot's outstanding shares as per its most recent filing with the Securities and Exchange Commission.

This investment is part of a broader trend where institutional investors have been increasing their stakes in Home Depot, with Curio Wealth LLC raising its stake by 13.5% during the fourth quarter, and Noesis Capital Mangement Corp boosting its position by 1.5% in the same period.