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Alta Advisers Invests $1M in IBM Amid Growing Institutional Interest

Guavy AI Editorial Team
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IBM
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Alta Advisers Ltd recently made a new investment in International Business Machines Corporation (IBM), acquiring 3,595 shares of IBM's stock valued at approximately $1.01 million.

This is not an isolated instance, as several other hedge funds and institutional investors have also made changes to their positions in IBM during the same quarter.

BlackRock Inc., for example, bought a new stake in shares of International Business Machines worth $21.59 billion, while State Street Corp grew its stake by 1% in the fourth quarter.

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