SBI Securities Trims Stake in International Business Machines Corporation
SBI Securities Co. Ltd., an institutional investor, has reduced its stake in International Business Machines Corporation (IBM) by 4.5% in the second quarter.
This reduction was made after selling 3,986 shares of IBM's stock during the period.
The company now owns 84,151 shares of IBM's stock, valued at $23,664,000 as of its most recent filing with the Securities and Exchange Commission (SEC).