Knuff & Co LLC Invests in American Express

Knuff & Co LLC has invested in American Express Company (NYSE:AXP), acquiring 10,543 shares worth approximately $3,566,000 in the second quarter. This acquisition represents about 0.9% of Knuff & Co LLC's investment portfolio and is its 29th largest position.

Other institutional investors have also increased their stakes in AXP. Brighton Jones LLC boosted its position by 24.4% during the fourth quarter, while Sivia Capital Partners LLC increased its holdings by 13.0% in the second quarter.

American Express has been expanding its premium lifestyle and sports partnerships, including a recent agreement with St Andrews Links as its Official Payments Partner.