CIBC World Market Inc. Buys 371k Shares of International Business Machines Corporation

CIBC World Market Inc., an institutional investor, has purchased a new position in International Business Machines Corporation (NYSE:IBM) shares. According to its most recent Form 13F filing with the Securities and Exchange Commission (SEC), CIBC World Market Inc. acquired 371,017 shares of IBM's stock valued at approximately $104,334,000 during the second quarter.

This is not the only institutional investor that has recently bought or sold IBM shares. Basepoint Wealth LLC, Portus Wealth Advisors LLC, Harborfront Financial Group LLC, Cornerstone Financial Management LLC, and Hara Capital LLC have also acquired new positions in IBM stock during the same period.