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Apple Stake Boosted by Cookson Peirce & Co. Amid Patent Verdict Concerns

Guavy AI Editorial Team
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AAPL
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Cookson Peirce & Co. Inc., an investment firm, increased its stake in Apple Inc. (NASDAQ:AAPL) by 442.1% in the second quarter. The company now owns 77,254 shares of Apple's stock, valued at $22,354,000. This boost is part of a larger trend, as other institutional investors have also added to or reduced their stakes in AAPL.

Private Management Group Inc., Thornburg Investment Management Inc., Spinnaker Trust, Capital Advisors Inc. OK, and Trustmark Bank Trust Department all increased their positions in Apple during the second quarter. Hedge funds and other institutional investors own 67.73% of Apple's stock.

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