Cisco Shares Bought by QRG Capital Management Inc.

Cisco Systems, Inc., parent company of the NASDAQ-listed CSCO stock, has seen its shares bought by QRG Capital Management Inc. in a significant move during the second quarter.

The institutional investor purchased an additional 56,088 shares of Cisco's stock, increasing their holdings by 8.4% and bringing their total to 726,999 shares valued at $86,704,000.

This development is part of a broader trend where several other hedge funds and institutional investors have also made changes to their positions in CSCO during the same period.