Van ECK Associates Corp Acquires 42, 686 Shares of International Business Machines Corporation $IBM

Van ECK Associates Corp raised its holdings in shares of International Business Machines Corporation (NYSE:IBM – Free Report) by 38.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 152,995 shares of the technology company’s stock after acquiring an additional 42,686 shares during the quarter. Van ECK Associates Corp’s holdings in International Business Machines were worth $43,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds have also recently modified their holdings of IBM. Monetta Financial Services Inc. purchased a new stake in shares of International Business Machines in the 2nd quarter worth $984,000. Northstar Asset…