$169 Million Apple Bet Piles Up Institutional Investor Stakes
Elevation Point Wealth Partners LLC recently purchased $169.90 million worth of Apple Inc.'s (NASDAQ:AAPL) shares, marking a significant investment in the tech giant.
The fund acquired 587,164 shares in the second quarter, according to its Form 13F filing with the Securities and Exchange Commission.
This purchase represents approximately 3.1% of Elevation Point Wealth Partners LLC's portfolio, making Apple Inc.'s stock its fourth largest holding.