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Cisco Systems Sees Growing Institutional Interest Amid AI Demand

Guavy AI Editorial Team
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CSCO
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Cisco Systems, Inc. (NASDAQ:CSCO) continues to see growing interest from institutional investors. Revolve Wealth Partners LLC, for instance, raised its position in Cisco by a significant 84.2% in the second quarter.

The firm acquired an additional 8,405 shares during this period and now owns 18,383 shares of the network equipment provider's stock.

This stake is valued at $2,159,000 as of its most recent SEC filing.

Revolve Wealth Partners LLC is not the only institution increasing its holdings in Cisco. Intesa Sanpaolo Wealth Management and MidAtlantic Capital Management Inc. have also acquired new positions in the company during the 4th quarter.

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