Manhattan West Asset Management Ups Stake in Apple Inc.
Manhattan West Asset Management LLC has increased its stake in Apple Inc. (NASDAQ:AAPL), purchasing 72,224 shares of the iPhone maker's stock during the second quarter.
The new stake is valued at approximately $20,899,000 and represents 3.5% of Manhattan West Asset Management LLC's holdings, making it the company's 6th largest holding.
Apple's services business includes digital content, payments, cloud storage, and subscription offerings across its ecosystem of devices.