Cisco Systems Sees Continued Institutional Investor Interest
BIP Wealth LLC recently acquired a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The fund bought approximately 24,560 shares of the network equipment provider's stock, valued at around $2.88 million.
This is not an isolated instance, as several other institutional investors have also modified their holdings of CSCO in recent periods.