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BOCHK Asset Management Increases Stake in International Business Machines Corporation

Guavy AI Editorial Team
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IBM
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BOCHK Asset Management Ltd recently acquired an additional 4,700 shares of International Business Machines Corporation (NYSE:IBM), boosting its stake in the company by 180.8% during the second quarter.

The institutional investor now owns 7,300 shares of IBM's stock, valued at $2,053,000 at the end of the most recent quarter. This move is just one of several recent developments affecting the company's ownership and stock performance.

Other hedge funds have also made significant investments in IBM during the fourth quarter, including Norges Bank, which acquired a new stake worth approximately $2,446,429,000.

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