Stocks

N.E.W. Advisory Services Invests Heavily in International Business Machines

Guavy AI Editorial Team Published September 2, 2026

Instruments

IBM

N.E.W. Advisory Services LLC has acquired shares of International Business Machines Corporation (IBM), one of the largest technology companies in the world.

The institutional investor bought a new stake in IBM during the second quarter, purchasing 17,203 shares valued at approximately $4,838,000. This represents about 0.3% of N.E.W. Advisory Services LLC's portfolio, making it their 24th biggest position.

This is not an isolated instance of investment in IBM; several other large investors have also increased their stakes in the company recently. State Street Corp, for example, lifted its stake by 1.0% in the fourth quarter and now owns over $16 billion worth of IBM shares.

N.E.W. Advisory Services Invests Heavily in International Business Machines

Merck's Stock Price Reaches New High, But Easy Gains May Be Behind It

Merck & Co. Stock Surges on mRNA Melanoma Breakthrough and New Cholesterol Therapy

Northwestern Mutual Cuts Stake in Merck & Co.