Apple Gains Traction with Institutional Investors

Maxele Advisors LLC has acquired a new stake in Apple Inc., purchasing 11,474 shares of the company's stock. The total value of this investment is approximately $3,320,000.

This acquisition represents about 2.3% of Maxele Advisors LLC's investment portfolio and positions Apple as its 9th largest holding. Other institutional investors have also been buying and selling shares of Apple in recent quarters.

Berkshire Hathaway Inc. acquired a new stake in shares of Apple during the second quarter, worth approximately $65,950,297,000. Bank of America Corp DE acquired a new position in Apple in the second quarter valued at around $36,986,090,000. Legal & General Group Plc also acquired a new position in Apple in the second quarter, valued at about $30,443,242,000.

Nuveen LLC grew its position in Apple by 3.8% in the fourth quarter and now owns over 75 million shares of the iPhone maker's stock. Meanwhile, Amundi increased its stake in Apple by 23.2% in the first quarter and now holds approximately 73 million shares.