Beta Wealth Group Inc. Trims Apple Stake
Beta Wealth Group Inc. has made changes to its holdings in Apple Inc., lowering its position by 35% during the first quarter, according to a recent Securities & Exchange Commission filing.
The institutional investor now owns 12,471 shares of Apple's stock after selling 6,716 shares during the quarter, which represents approximately 1.3% of Beta Wealth Group Inc.'s investment portfolio and its 22nd largest position.
Apple's AI strategy has been a topic of interest for investors and analysts alike, with some viewing it as a potential growth driver for the company in the long term.