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Apple Sees Growing Institutional Support Amid Revenue Growth

Guavy AI Editorial Team
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AAPL
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IFS Group LLC has acquired a new position in Apple Inc. (NASDAQ:AAPL) worth $1.72 million, according to its latest filing with the Securities & Exchange Commission.

The fund purchased 6,769 shares of Apple's stock during the first quarter, which represents approximately 1.5% of IFS Group LLC's holdings and makes it the company's 18th largest position.

This move is not an isolated incident as several other hedge funds and institutional investors have also modified their stakes in Apple recently.

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