Pinnacle Family Advisors Invests in Apple With $6.5 Million Stake
Pinnacle Family Advisors LLC has invested in Apple Inc. (NASDAQ:AAPL) by purchasing 22,437 shares of its stock in the second quarter, according to a recent SEC filing.
The total value of this investment is approximately $6,492,000, making Apple one of Pinnacle's largest holdings at 2.7% of their portfolio.
This is not an isolated incident; several other hedge funds have also increased or initiated their positions in AAPL during the same quarter.