Gabelli Cuts Stake in Apple Amid Ongoing Market Turbulence
Gabelli Funds LLC has reduced its stake in Apple Inc., selling 2,143 shares and decreasing its ownership by 0.5% in the first quarter.
The fund's holdings in Apple now comprise approximately 0.7% of its portfolio, making it the company's 21st largest position.
Gabelli Funds LLC owns a total of 421,859 shares of Apple stock, valued at $107,064,000 at the end of the most recent reporting period.