Stocks
Pinnacle West Asset Management Acquires New Stake in Walmart
Pinnacle West Asset Management Inc., a financial services firm, has acquired a new position in shares of Walmart Inc. (NASDAQ: WMT), according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The company purchased 29,950 shares of Walmart's stock, valued at approximately $3,392,000, making it one of the firm's larger holdings, comprising about 2.3% of Pinnacle West Asset Management Inc.'s total portfolio.