Institutional Investors Boost Apple Stakes Amid Growing Optimism

EP Wealth Advisors LLC has acquired a significant stake in Apple Inc., purchasing 3,136,978 shares of the iPhone maker's stock worth approximately $907.72 million during the second quarter.

This position accounts for about 3.5% of EP Wealth Advisors' portfolio, making it their seventh largest holding.

Apple is not the only company to see significant institutional investment in the past quarter; Ieq Capital LLC also acquired a new stake in Apple worth approximately $669.46 million.

In addition to these purchases, several other firms have either increased or decreased their stakes in Apple.