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Chicago Partners Buys Up More IBM Stock

Guavy AI Editorial Team
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IBM
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Chicago Partners Investment Group LLC has increased its stake in IBM by buying an additional 3,302 shares of International Business Machines Corporation (NYSE:IBM) in the second quarter. This brings their total holdings to 27,405 shares, valued at $7,707,000.

The institutional investor's purchase was reported through a recent 13F filing with the Securities and Exchange Commission. Chicago Partners Investment Group LLC's stake in IBM now represents a 13.7% increase over their previous holdings.

IBM stock opened at $228.53 on Tuesday, with a 52-week low of $199.19 and a 52-week high of $332.46. The company has a market cap of $215.31 billion, a price-to-earnings ratio of 20.28, and a beta of 0.70.

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