Asset One Wealth Management Invests $33.85 Million in Apple Inc.
Asset One Wealth Management LLC made a significant investment in Apple Inc. by purchasing 103,362 shares of its stock for approximately $33.85 million during the second quarter.
This acquisition represents about 3.6% of Asset One's total portfolio, making it their fourth-largest holding.
Apple's recent earnings report showed a revenue increase of 16.4% year-over-year and a net margin of 27.62%, beating analyst estimates.