Walmart Sees New Institutional Support from Iyo Bank
Iyo Bank Ltd., an institutional investor, has bought a new position in Walmart Inc. (NASDAQ: WMT) shares during the second quarter of this year.
The purchase consists of 96,073 shares valued at approximately $10.88 million, making up about 3.3% of Iyo Bank's portfolio and its 10th largest holding.
This is not an isolated move, as several other large investors have also recently added to or reduced their stakes in Walmart during the same period. For instance, Entrust Financial LLC acquired a new stake in Walmart valued at about $27,000 in the fourth quarter.