Shariaportfolio Inc., an institutional investor, has made a new investment in Cisco Systems, Inc. ($CSCO), according to its recent Form 13F filing with the Securities and Exchange Commission.
The company purchased 25,978 shares of Cisco's stock during the first quarter, valued at approximately $2,016,000.
This represents about 0.9% of Shariaportfolio Inc.'s holdings, making Cisco its 20th largest holding.
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