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Sign InJones Kertz & Associates has significantly expanded its institutional portfolio through strategic acquisitions in several large-cap entities. The firm purchased a new stake of 14,070 shares in Amgen Inc. valued at approximately $4.6 million, elevating it to the 13th largest position in its portfolio. Additionally, the firm strengthened its technology exposure by acquiring 25,110 shares of Cisco Systems, Inc. for $1.93 million, representing 1% of its total holdings. The investment activity also included the acquisition of 9,685 shares in C.H. Robinson Worldwide, valued at $1.56 million. These moves are part of a broader portfolio rebalancing strategy disclosed in recent SEC filings. Such institutional buying typically signals confidence in the underlying assets and provides essential price support for the stocks involved.