Walmart Holdings Cut by IPG Investment Advisors as Retailer Sees 5.9% Revenue Growth
IPG Investment Advisors LLC, an institutional investor, reduced its holdings in Walmart Inc. (NASDAQ:WMT) by 27.9% during the second quarter, according to a recent SEC filing.
The company owned 34,919 shares of Walmart's stock after selling 13,508 shares during the quarter.
As of its most recent SEC filing, IPG Investment Advisors LLC's holdings in Walmart were worth $3.955 million.