Hamel Associates Sells 2,164 Shares of Apple Amid Broader Market Shifts

Hamel Associates Inc., a well-known institutional investor, has adjusted its position in Apple Inc. (NASDAQ:AAPL) for the first quarter of this year.

According to their most recent SEC filing, Hamel Associates sold 2,164 shares of Apple's stock during the period, reducing their ownership by 3.3%.

The company now holds 62,549 shares of Apple, accounting for about 4.5% of its total holdings and making it the firm's fourth largest holding.

Hamel Associates' investment in Apple is valued at approximately $15.87 million as of the end of the most recent reporting period.