Stocks
Lavelle Capital LP Invests in Apple Stock Worth $1.5 Million
Lavelle Capital LP has taken a new position in Apple Inc. (NASDAQ:AAPL), investing approximately $1,535,000 in the company's stock.
The firm purchased 6,046 shares of Apple's stock during the first quarter, which accounts for about 1% of Lavelle Capital LP's portfolio and makes it the 22nd largest position held by the firm.
This investment is not an isolated instance, as several other hedge funds and institutional investors have also made significant investments in Apple's stock in recent quarters.