White Knight Invests Heavily in Apple Stock

White Knight Strategic Wealth Advisors LLC has acquired a new position in Apple Inc.'s (NASDAQ:AAPL) stock, purchasing 20,634 shares valued at approximately $5.97 million.

This acquisition accounts for about 4.2% of White Knight's holdings and makes Apple its fifth largest position among the company's portfolio.

Other hedge funds have also modified their holdings in Apple recently, with Longfellow Investment Management Co. LLC buying a new stake worth $30,000 and Lifetime Wealth Management P.C. purchasing 41,000 shares in the fourth quarter.