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IBM Sees Increased Institutional Support Amid Quarter Earnings

Guavy AI Editorial Team
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IBM
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CoreCap Advisors LLC increased its stake in International Business Machines Corporation by 24.2% during the second quarter, according to the company's most recent SEC filing.

The institutional investor owned 38,392 shares of IBM's stock after acquiring an additional 7,490 shares during the period. The holdings were worth $10,796,000 as of its most recent SEC filing.

CoreCap Advisors LLC is not the only institution to have made changes to their positions in IBM. Vanguard Group Inc., State Street Corp, Geode Capital Management LLC, and Bank of America Corp DE all boosted their stakes in the company during various quarters, with some acquiring significant amounts of shares.

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