Centaurus Financial Invests Heavily in Apple Worth $59.5 Million

Centaurus Financial Inc., an institutional investor, has purchased a new position in Apple Inc. (NASDAQ:AAPL), valued at approximately $59.5 million.

The purchase of 205,686 shares accounts for about 2.3% of Centaurus Financial Inc.'s investment portfolio, making it the company's seventh-largest holding.

This is not an isolated move by Centaurus Financial Inc., as other institutional investors have also recently made changes to their positions in Apple. Sterling Wealth Management Inc. grew its holdings in Apple by 0.3% during the second quarter, while Evansbrook LLC raised its stake in Apple by 0.4% during the first quarter.