Apple Stock Bought in Bulk by Nan Shan Life Insurance Co. Ltd.
Nan Shan Life Insurance Co. Ltd. has significantly increased its investment in Apple Inc., boosting its position by 17.1% during the second quarter.
The insurance company acquired an additional 73,848 shares of Apple's stock, bringing its total holdings to 505,646 shares.
This represents approximately 4.7% of Nan Shan Life Insurance Co. Ltd.'s portfolio and makes Apple its second-largest holding, with a value of $146,314,000 at the end of the reporting period.