OMERS Invests Big in Apple with $556 Million Stake

OMERS ADMINISTRATION Corp, an institutional investor, has made a new investment in Apple Inc. (NASDAQ:AAPL), purchasing 1,923,152 shares valued at approximately $556,483,000.

This is the third-largest position held by OMERS ADMINISTRATION Corp in its portfolio, which makes up about 3.3% of its holdings.

Other institutional investors, including Prospect Hill Management LLC and Wealthfront Advisers LLC, have also recently bought new stakes in Apple during the second quarter, valued at $146,370,000 and $482,388,000 respectively.