Birch Capital Trims Apple Stake by 2.9%
Birch Capital Management LLC has trimmed its stake in Apple Inc. by 2.9% during the second quarter, according to a recent SEC filing.
The institutional investor owned 61,917 shares of Apple's stock after selling 1,862 shares during the period.
Apple comprises 8.8% of Birch Capital Management LLC's investment portfolio, making it its 2nd biggest position.
Birch Capital Management LLC's holdings in Apple were worth $17,916,000 as of its most recent filing with the Securities and Exchange Commission (SEC).