Cisco Systems Sees Significant Shifts in Ownership Structure

Cisco Systems, Inc., a global technology company that designs and manufactures networking hardware, software, and telecommunications equipment, saw significant changes in its ownership structure during the first quarter. FAS Wealth Partners Inc. acquired an additional 30,841 shares of Cisco Systems stock, increasing its holdings by 195.7%.

The firm now owns 46,604 shares of Cisco Systems' stock, valued at $3,616,000 as of the most recent SEC filing. This is not an isolated incident, as several other large investors also increased their positions in Cisco Systems during the fourth quarter.

World Investment Advisors increased its position by 15.4% to own 198,549 shares worth $13,905,000, while WCG Wealth Advisors LLC boosted its stake by 101.8% to hold 107,306 shares valued at $8,266,000. Vise Technologies Inc. and Truist Financial Corp also increased their holdings in Cisco Systems.