Momentum Wealth Planning Cuts Apple Holdings by 81.4%

Momentum Wealth Planning LLC has reduced its holdings in Apple Inc. (NASDAQ:AAPL) by 81.4% in the first quarter, according to a recent SEC filing.

The company sold 13,382 shares during the period, leaving it with 3,061 shares worth $777,000.

This is not an isolated incident as several other large investors have also made changes to their positions in Apple. For instance, Lifetime Wealth Management P.C. purchased a new stake in the company in the fourth quarter valued at $41,000.

Apple's stock has seen significant movement with a 52-week high of $344.57 and a 52-week low of $201.68. The company's market capitalization is $4.46 trillion, and its PE ratio stands at 34.80.