Funds Devour Stocks in Aggressive Buying Spree

Funds have been purchasing shares of several stocks, including Apple (AAPL) and its peers. According to Investor's Business Daily, three funds are acquiring large numbers of shares in these companies.

The funds, which are not named in the report, have been buying up shares of 17 different stocks, with Apple being one of them. The other two stocks are not specified, but the report notes that they are part of a larger trend of fund managers investing heavily in these companies.

The exact numbers and prices of the transactions are not provided, but it's reported that the funds have been making significant purchases over the past few weeks.