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Perennial Advisors Buys into Apple

Guavy AI Editorial Team
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AAPL
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Perennial Investment Advisors LLC has purchased a new stake in Apple Inc. (NASDAQ:AAPL) shares, according to its recent 13F filing with the Securities and Exchange Commission.

The fund acquired 169,271 shares of Apple's stock, valued at approximately $48,981,000, during the second quarter.

This investment represents about 3.3% of Perennial Investment Advisors LLC's portfolio, making Apple its 8th largest holding.

Other institutional investors have also increased their stakes in Apple, including Berkshire Hathaway Inc., Bank of America Corp DE, and Legal & General Group Plc.

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