Stocks
Altshuler Shaham Ltd Boosts Apple Stake with Large Share Purchase
Altshuler Shaham Ltd significantly increased its stake in Apple Inc. (NASDAQ:AAPL) during the first quarter, purchasing an additional 368,606 shares. This boost brings Altshuler Shaham's total holdings in Apple to 591,698 shares.
The investment firm acquired these shares as part of a broader portfolio expansion, with Apple now accounting for approximately 2.4% of its overall assets. The value of Altshuler Shaham's Apple holdings stands at around $150 million.
Apple Inc. has also been the subject of various institutional investor and hedge fund activity in recent periods. Vanguard Group Inc., State Street Corp, Geode Capital Management LLC, Morgan Stanley, and Norges Bank have all increased their stakes in Apple during this time.