Kanen Wealth Management Buys Apple Shares Worth $1.8M

Kanen Wealth Management LLC purchased approximately $1.8 million worth of Apple Inc. shares in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission.

The institutional investor bought 7,100 shares of Apple's stock, which makes up about 0.6% of Kanen Wealth Management LLC's portfolio and is the company's 23rd biggest holding.

This move is part of a broader trend in which several hedge funds have increased their stakes in Apple over the past few quarters.