Stocks
Arete Wealth Advisors Cuts Apple Stake by 5.7%
Arete Wealth Advisors LLC has reduced its stake in Apple Inc. (AAPL) by 5.7% during the first quarter, according to a recent SEC disclosure.
The institutional investor now owns 151,546 shares of Apple's stock after selling 9,097 shares during the quarter.
Apple accounts for approximately 2.3% of Arete Wealth Advisors LLC's investment portfolio, making it the company's 5th largest position in its holdings, valued at $38,441,000 at the end of the most recent quarter.