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Councilmark Adds to Apple Holdings with $19 Million Investment

Guavy AI Editorial Team
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AAPL
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Councilmark Asset Management LLC has acquired a new position in Apple Inc. (NASDAQ:AAPL), purchasing 65,334 shares of the iPhone maker's stock in the second quarter.

The investment is valued at approximately $18,905,000 and represents about 10% of Councilmark Asset Management LLC's investment portfolio, making it the company's second-largest position.

This move comes as several other hedge funds and institutional investors have also increased their stakes in Apple. For example, Legal & General Group Plc purchased a new stake in shares of Apple during the 2nd quarter valued at $30,443,242,000.

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