Ameriflex Group Inc. raised its position in International Business Machines Corporation (NYSE:IBM – Free Report) by 308.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,864 shares of the technology company’s stock after purchasing an additional 2,163 shares during the period. Ameriflex Group Inc.’s holdings in International Business Machines were worth $808,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in International Business Machines…