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IBM Shares Purchased by Allworth Financial LP Amid Quantum Computing Push

Guavy AI Editorial Team
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IBM
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International Business Machines (IBM) has seen its shares purchased by Allworth Financial LP, which grew its stake in IBM by 3.6% during the second quarter.

The institutional investor owned 140,146 shares of the technology company's stock after buying an additional 4,935 shares during the quarter.

Allworth Financial LP's holdings in International Business Machines were worth $39,410,000 as of its most recent filing with the Securities and Exchange Commission.

BlackRock Inc. also bought a new stake in IBM during the second quarter worth approximately $21,586,659,000, and Bank of America Corp DE acquired a new position in IBM during the same period worth about $4,214,868,000.

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