Keel Point Cuts Apple Stake by 15.1%
Keel Point LLC decreased its stake in Apple Inc. (NASDAQ:AAPL) by 15.1% during the first quarter, according to a recent Form 13F filing with the Securities and Exchange Commission.
The firm owned 120,688 shares of the iPhone maker's stock after selling 21,530 shares during the period.
Apple makes up 2.0% of Keel Point LLC's portfolio, making it its 9th biggest position.
The company has a market cap of $4.46 trillion and a price-to-earnings ratio of 35.08.