Stocks
Summitas Investment Management LLC Acquires $1.79 Million in Apple
Summitas Investment Management LLC has acquired a new position in Apple Inc. (NASDAQ:AAPL) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor bought 7,066 shares of the iPhone maker's stock, valued at approximately $1,793,000. This represents about 1.4% of Summitas Investment Management LLC's investment portfolio, making Apple its 10th largest holding.
Other large investors have also modified their holdings of AAPL in recent quarters. Norges Bank bought a new position in Apple worth about $52,266,468,000 in the fourth quarter. Nuveen LLC acquired a new position in Apple valued at approximately $17,472,482,000 in the first quarter.