Bank Hapoalim BM Acquires New Stake in Cisco Systems Amidst Revenue Growth

Bank Hapoalim BM has acquired a new stake in Cisco Systems, Inc. ($CSCO), purchasing 71,784 shares of the network equipment provider's stock during the second quarter.

The acquisition valued at approximately $8,432,000 represents 0.6% of Bank Hapoalim BM's investment portfolio and makes Cisco Systems its 17th biggest position.

This is not an isolated instance as several other institutional investors have recently increased their holdings in the stock.