Evercore Trims Stake in Apple by 4.6%

Evercore Wealth Management LLC has trimmed its stake in Apple Inc. (AAPL) by 4.6% during the first quarter, according to a recent Form 13F filing with the Securities and Exchange Commission.

The fund sold 72,216 shares of AAPL stock, reducing its total holdings to 1,504,338 shares worth $381,786,000 as of its most recent filing.

Apple accounts for about 6.0% of Evercore Wealth Management LLC's investment portfolio, making it the company's largest position in terms of value.