The Walton family invested $264 million in Japanese stocks and Coinbase

Coinbase Global COIN $68.37 +11,12% Buy Walmart WMT$148.74 +2,02% Buy Citigroup C$47.83 +3,08% Buy

Walton Investment Team (WIT), an investment company of the Walton family, bought 3.9 million shares of iShares MSCI Japan ETF   for about $239.3 million, its biggest acquisition in recent memory. it is reported by BLOOMBERG.

The company also bought   $150 million in small- cap stocks in US-based Vanguard and iShares index funds. In addition, she acquired $15 million worth of Coinbase shares.

As of the end of last quarter, WIT held about $5.1 billion in US stocks and ETFs, according to data filed with the US Securities   and Exchange Commission . According to the Bloomberg Billionaires Index, the Walton family is worth more than $200 billion. About half of that fortune is tied to Walmart, founded by Sam Walton in 1950.

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An exchange-traded fund that invests participants' funds in stocks according to a certain principle: for example, in an index, industry, or region. In addition to shares, the fund may also include other instruments: bonds, commodities, etc. The value of the company on the market, calculated from the number of company shares multiplied by their current price. Capitalization of the stock market - the total value of securities circulating in this market. A financial instrument used to raise capital. The main types of securities: shares (gives the owner the right of ownership), bonds (debt security) and their derivatives. More