Cisco Systems: Institutional Investors Make Big Moves
Annex Advisory Services LLC reduced its stake in Cisco Systems Inc., selling 11,515 shares and decreasing its holding by 21.7% during the second quarter.
The fund now owns 41,457 shares of the network equipment provider's stock, worth $4.87 million at the end of the most recent quarter.
Other institutional investors have also made significant changes to their holdings in Cisco Systems.