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First Citizens Bank Cuts Apple Stake by 0.6%

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AAPL
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Apple Inc. (AAPL) has been a significant holding for First Citizens Bank & Trust Co., making up about 2.8% of its investment portfolio.

In its most recent filing with the Securities and Exchange Commission (SEC), First Citizens Bank & Trust Co. revealed it had trimmed its position in AAPL shares by 0.6% in the first quarter.

The fund owned approximately 642,203 shares of Apple stock after selling 4,161 shares during the quarter.

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