SVCP Boosts Stake in AXP to 1.3% of Portfolio

Silicon Valley Capital Partners has increased its stake in American Express Company (NYSE:AXP) by 14.9% in the second quarter, according to a recent filing with the Securities & Exchange Commission.

The firm acquired an additional 5,365 shares of AXP during the quarter, bringing its total holdings in the payment services company to 41,480 shares.

These shares are valued at $14,030,000 as of the most recent filing and account for approximately 1.3% of Silicon Valley Capital Partners' investment portfolio.