Stocks
Whalen Wealth Invests $6.2 Million in Apple Stock Amid Strong iPhone Demand
Whalen Wealth Management Inc., a financial institution, has acquired a new stake in Apple Inc. (NASDAQ:AAPL) worth approximately $6.2 million during the second quarter.
The fund purchased 21,572 shares of Apple's stock, making it the company's 4th biggest holding, accounting for 2.8% of Whalen Wealth Management Inc.'s investment portfolio.
Other institutional investors and hedge funds have also recently modified their holdings in Apple, including Dearborn Partners LLC, which acquired a new stake worth $107 million, and Trail Ridge Investment Advisors LLC, which bought a new position valued at $14.3 million.