Fox Hill Wealth Management Takes Position in International Business Machines Corporation

Fox Hill Wealth Management recently acquired 5,427 shares of International Business Machines (IBM) stock during the second quarter, valued at approximately $1.526 million.

This is not the first time an institution has taken a position in IBM; BlackRock Inc., Bank of America Corp DE, and Bank of New York Mellon Corp also purchased new positions in the company during the same period.

IBM's stock price opened at $234.06 on Friday, with a market capitalization of $220.51 billion and a P/E ratio of 20.77.