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flag Institutional investors are boosting their holdings in Ericsson, a major communications equipment provider.

flag Several institutional investors have increased their stakes in Telefonaktiebolaget LM Ericsson (ERIC), a communications equipment provider. flag Endowment Wealth Management Inc. bought 11,276 shares valued at $91,000, while other firms like Assetmark Inc. and Cable Hill Partners LLC also added shares. flag Ericsson reported a net margin of 0.06% and a return on equity of 13.70% in its latest earnings report, with a market cap of $28.03 billion and a beta of 0.81.

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