Archer Investment Corp Buys New Stake in Apple Inc.

Archer Investment Corp has purchased approximately 28,826 shares of Apple Inc. stock (NASDAQ:AAPL) in its most recent Form 13F filing with the Securities and Exchange Commission (SEC), valued at about $8.34 million.

This is Archer's 13th largest position among its investment portfolio, making up around 1.2% of its holdings.

The institutional investor made this purchase in the second quarter, joining other hedge funds that have also recently bought and sold shares of Apple.