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Walmart Sees Significant Institutional Investor Interest Amid Retail Earnings

Guavy AI Editorial Team
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WMT
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A significant investment in Walmart Inc. (NASDAQ:WMT) has been made by Formuepleje A S, according to the company's most recent Form 13F filing with the Securities and Exchange Commission.

The institutional investor purchased a new position in shares of Walmart during the second quarter, acquiring 14,912 shares valued at approximately $1,689,000.

This is not an isolated instance, as other hedge funds have also made changes to their positions in Walmart. Entrust Financial LLC and Merkkuri Wealth Advisors LLC are among those who purchased new positions in the company during the fourth quarter, worth around $27,000 and $29,000 respectively.

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