IFG Adds Apple to Portfolio with $80M Stake

Independent Financial Group LLC (IFG) has added Apple Inc. ($AAPL) to its portfolio, buying a new stake in shares worth approximately $80.6 million.

The institutional investor acquired 317,621 shares of Apple's stock during the first quarter, according to its Form 13F filing with the Securities and Exchange Commission.

This acquisition accounts for about 2.4% of IFG's portfolio, making it the company's second-largest holding after a similar stake in another unnamed asset.

Several other large investors have also modified their holdings of Apple's stock recently, including First National Bank of Hutchinson, Eagle Capital Management LLC, Brighton Jones LLC, Revolve Wealth Partners LLC, and Highview Capital Management LLC DE.