American Express (NYSE: AXP) has surpassed broader market gains over the last five years, posting an 11.5% annualized lead. With an average yearly return of 26.33%, the financial titan has shown that even a small investment could have reaped notable rewards during this period.

Westfuller Advisors LLC has taken a new stake in American Express, purchasing 1,348 shares during the second quarter. Official filings suggest that this move, valued at about $430,000, aligns with ongoing institutional interest in the leading payment services company.

City Center Advisors LLC purchased 645 shares of American Express in the second quarter, according to a recent filing with the Securities & Exchange Commission. The new stake is valued at around $206,000 and underscores the fund’s interest in a prominent payment services company.

Activest Wealth Management has significantly boosted its position in American Express, increasing its stake by a remarkable 214.6% in the first quarter. According to an SEC filing, the firm added 264 shares, bringing its total holdings to 387. This move reflects the wealth manager’s growing confidence in the payment services giant.