Equitable Holdings Acquires Significant Stake in Apple
Equitable Holdings Inc., an institutional investor, acquired a significant stake in Apple Inc. (NASDAQ:AAPL) during the second quarter of this year.
The company purchased approximately 1,047,420 shares of Apple's stock, valued at around $303 million.
This investment represents about 1.8% of Equitable Holdings' total holdings and makes it the firm's eleventh largest position.