Algert Global Cuts Apple Holdings
Algert Global LLC has reduced its holdings in Apple Inc. (NASDAQ:AAPL) by 21.3% in the second quarter, according to a recent filing with the Securities and Exchange Commission.
The fund owned 138,789 shares of Apple's stock after selling 37,465 shares during the quarter.
Apple accounts for about 0.5% of Algert Global LLC's holdings, making it its 6th biggest position.
The company has a market capitalization of $4.98 trillion and a PE ratio of 39.11.