Stocks
Flagship Wealth Advisors Cuts Stake in Apple Inc.
Flagship Wealth Advisors LLC has reduced its stake in Apple Inc. (NASDAQ:AAPL), selling 7,525 shares during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 12,633 shares of the iPhone maker's stock after selling a portion of its holdings, worth $3,206,000 at the end of the quarter. This represents a 37.3% decrease in its position in Apple Inc., making the stock its 24th biggest holding.
Apple makes up approximately 1.3% of Flagship Wealth Advisors LLC's holdings, indicating that the company remains committed to the technology giant despite reducing its stake.