Johnson Financial Trims Cisco Stake Amid Strong Earnings
Cisco Systems, Inc. (NASDAQ:CSCO) has seen its position in the company's stock trimmed by Johnson Financial Group Inc., which reduced its holdings by 9.2% in the second quarter.
The fund owned 101,495 shares after selling 10,249 shares during the period, valuing their stake at $11,922,000.
Cisco Systems accounts for about 0.4% of Johnson Financial Group Inc.'s holdings, making it the company's 21st biggest holding.