Stocks
Cisco Systems Sees Continued Institutional Support Amid AI Infrastructure Growth
J.Safra Asset Management Corp has made a new investment in Cisco Systems, Inc. (NASDAQ:CSCO), according to its most recent 13F filing with the Securities and Exchange Commission.
The fund acquired 18,991 shares of the network equipment provider's stock, valued at approximately $2,231,000, during the second quarter.
This is not an isolated instance; other institutional investors have also made changes to their positions in Cisco Systems.
Cozad Asset Management Inc. raised its position in Cisco Systems by 0.3% in the first quarter and now owns 26,203 shares of the stock worth $2,033,000.