Baker Avenue Asset Management LP lowered its position in International Business Machines Corporation (NYSE:IBM – Free Report) by 6.1% during the second quarter, according to its most recent filing with the SEC. The firm owned 60,539 shares of the technology company’s stock after selling 3,940 shares during the period. Baker Avenue Asset Management LP’s holdings in International Business Machines were worth $17,846,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. Family CFO Inc bought a new stake in shares of International Business Machines during the 2nd quarter valued at about $25,000. Winnow Wealth LLC bought a new stake in …
