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Fund Advisors Invests Heavily in IBM Stock

Guavy AI Editorial Team
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IBM
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Fund Advisors of America Inc FL has purchased $2.55 million in International Business Machines Corporation (NYSE:IBM) shares, as per its latest 13F filing with the Securities and Exchange Commission.

The investment firm acquired 9,070 shares of IBM stock during the second quarter, which comprises approximately 2.3% of its holdings.

This is not an isolated case; several other institutional investors have also modified their stakes in International Business Machines Corporation.

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