JPMORGAN CHASE & CO Invests $66.2 Billion in Apple Stock

JPMORGAN CHASE & CO has made a significant investment in Apple Inc. (AAPL) stock, according to a new SEC filing.

The bank's asset management arm opened a $66.2 billion position in AAPL, which is one of the largest institutional investments in the company's history.

This move is part of a broader trend of institutional investors increasing their exposure to AAPL, with 2,646 firms adding shares to their portfolios and only 3,033 decreasing their positions in the last quarter.