The Home Depot Attracts Institutional Investors Amid Strong Earnings
SCS Capital Management LLC purchased a new stake in The Home Depot, Inc. (NYSE:HD) during the second quarter, according to its most recent Form 13F filing with the SEC.
The institutional investor purchased 9,170 shares of the home improvement retailer's stock, valued at approximately $3,234,000.
This is not an isolated incident; several other hedge funds have also recently bought and sold shares of The Home Depot.