Blue Fin Capital Trims Stake in Apple Amid Institutional Investor Shift
Blue Fin Capital Inc., an institutional investor, has reduced its stake in Apple Inc. (NASDAQ:AAPL) by 1.9% during the first quarter, according to a recent filing with the Securities and Exchange Commission.
The firm owned 191,563 shares of AAPL after selling 3,639 shares during the quarter. Apple represents approximately 8.0% of Blue Fin Capital Inc.'s investment portfolio, making it its second-largest holding.
As of its most recent SEC filing, Blue Fin Capital Inc.'s holdings in AAPL were worth $48,617,000. This is just one example of the significant investments being made by institutional investors in Apple's stock.