Allstate Corp raised its stake in International Business Machines Corporation (NYSE:IBM – Free Report) by 1,698.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,184 shares of the technology company’s stock after acquiring an additional 32,283 shares during the quarter. Allstate Corp’s holdings in International Business Machines were worth $9,645,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently modified their holdings of the stock. Norges Bank bought a new position in International Business Machines in the second quarter valued at…
