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Empire Cuts Apple Stake by 9.2% Amid Institutional Shifts

Guavy AI Editorial Team
Instruments
AAPL
Share

Apple Inc. (NASDAQ:AAPL) saw its shares sold by Empire Financial Management Company LLC, reducing their position in the company's stock by 9.2% during the first quarter.

The sale of 5,541 shares left Empire Financial Management with 54,885 shares, valued at $13,929,000, which accounts for approximately 3.1% of the company's portfolio.

This is not an isolated incident, as several other hedge funds and institutional investors have also made adjustments to their holdings in AAPL.

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