Ieq Capital LLC has acquired a new stake in Apple Inc., purchasing approximately $669.46 million worth of shares.
The investment firm purchased 2,313,582 shares of AAPL stock, which accounts for about 3.1% of its portfolio and makes it the company's fifth-largest holding.
This is not an isolated incident; several other hedge funds and institutional investors have also increased their stakes in Apple over the past few quarters.
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