Stocks
Apple Shareholder Smith Group Boosts Stake to 4.0% of Holdings
Smith Group Asset Management LLC has increased its stake in Apple Inc. (NASDAQ:AAPL) by 4.9% in the first quarter, according to a recent filing with the Securities and Exchange Commission.
The company now owns 311,523 shares of Apple's stock after purchasing an additional 14,556 shares during the quarter.
Apple represents approximately 4.0% of Smith Group Asset Management LLC's holdings, making it the fund's third largest position.
Other notable investors have also modified their holdings in Apple, including Norges Bank, which acquired a new stake valued at around $52.3 billion, and Cardano Risk Management B.V., which boosted its stake by 890.7% during the fourth quarter.