Palisade Capital Management LP Acquires New Stake in Apple Inc.

Palisade Capital Management LP recently acquired a new stake in Apple Inc. (NASDAQ:AAPL) worth approximately $73,623,000 during the second quarter.

The firm purchased 254,434 shares of Apple's stock, making it the company's 2nd biggest position in its investment portfolio, which accounts for around 3.2% of its holdings.

Several other institutional investors also increased their stakes in Apple during the same period, including Cooper Haims Advisors LLC, Canada Pension Plan Investment Board, Kapitalo Investimentos Ltda, Castleark Management LLC, and Osterweis Capital Management Inc.