Apple Gains New Major Investor, $4.92 Trillion Market Cap Remains Unchanged
First Nebraska Trust Co has acquired a significant position in Apple Inc. (NASDAQ:AAPL) during the second quarter, acquiring 279,302 shares of the iPhone maker's stock valued at approximately $80,819,000. This acquisition makes up about 6.5% of First Nebraska Trust Co's holdings and is its second-largest holding.
Other large investors have also bought into Apple Inc. during the second quarter, including Prospect Hill Management LLC, which acquired a new position worth about $146,370,000, Focus Partners Advisor Solutions LLC, which purchased a new stake valued at about $168,646,000, and Wealthfront Advisers LLC, which acquired a new stake worth approximately $482,388,000.
Baron Silver Stevens Financial Advisors LLC increased its holdings in Apple by 65.6% during the second quarter. The company has a market cap of $4.92 trillion and a price-to-earnings ratio of 38.65.