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Ballew Advisors Inc recently acquired 8,351 shares of Ameriprise Financial, Inc. (NYSE:AMP) valued at approximately $4.1 million, making it their 10th largest holding. Ameriprise Financial reported strong quarterly earnings of $11.07 per share, exceeding estimates, with revenue increasing by 11.6% year-over-year. Despite recent insider selling, institutional investors own a significant portion of AMP shares, and analysts maintain a "Moderate Buy" rating for the stock.