Walmart Shareholder Insight Wealth Strategies Trims Stake by 86.7%
Insight Wealth Strategies LLC recently reduced its holdings in Walmart Inc. (NASDAQ:WMT), decreasing its stake by 86.7% in the second quarter.
The institutional investor now owns 2,603 shares of the retailer's stock after selling 16,957 shares during the quarter.
As a result, Insight Wealth Strategies LLC's holdings in Walmart were worth $283,000 as of its most recent filing with the Securities & Exchange Commission.
This is not an isolated incident, as other institutional investors and hedge funds have also made adjustments to their stakes in Walmart.