Alta Advisers Ltd Buys New Stake in Apple Inc.
Alta Advisers Ltd, an institutional investor, has acquired a new position in Apple Inc. (NASDAQ:AAPL) shares, purchasing 57,768 stocks valued at approximately $16,716,000 in its most recent 13F filing with the Securities and Exchange Commission.
This purchase represents about 3.8% of Alta Advisers Ltd's investment portfolio, making it the company's sixth-largest position.
Apple is not alone in attracting institutional investors; Deutsche Bank AG purchased a new stake in shares of Apple during the second quarter valued at around $13,658,359,000.
In contrast, Diamant Asset Management Inc. raised its position in shares of Apple by 24,974.3% during the first quarter and now owns 26,614,323 shares of the iPhone maker's stock, valued at $6,754,449,000.