Ally Financial Acquires New Position in Apple Shares Worth Over $2.8 Million
Ally Financial Inc., a major financial services company, has acquired a new position in Apple Inc. (NASDAQ:AAPL) shares during the second quarter of this year.
The firm purchased 10,000 shares of Apple's stock, valued at approximately $2,894,000, according to its most recent disclosure with the Securities and Exchange Commission.
This is not the only significant change in institutional investors' holdings of Apple. Deutsche Bank AG acquired a new position in Apple during the second quarter valued at $13,658,359,000, while Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position worth $10,588,946,000.
Apple's premium pricing is holding up in an important growth market, with strong interest in the iPhone 18 Pro and Pro Max in India, as reported by Evercore ISI.