Brooks Moore & Associates Inc. Takes Stake in Apple Amid Strong Earnings Report

Brooks Moore & Associates Inc., an institutional investor, has acquired a new position in Apple Inc. (NASDAQ:AAPL) during the 2nd quarter, according to its latest 13F filing with the Securities and Exchange Commission.

The company purchased 19,940 shares of Apple's stock, valued at approximately $5,770,000, making up about 2.6% of Brooks Moore & Associates Inc.'s investment portfolio.

This is not an isolated case, as several other institutional investors have also made changes to their positions in Apple during the same quarter.