Wiregrass Boosts Apple Stake with Additional Shares
Wiregrass Investment Management LLC has increased its stake in Apple Inc. (NASDAQ:AAPL) for the second quarter, adding to its already significant holdings in the iPhone maker.
The firm, which owns 30,016 shares of Apple stock, acquired an additional 1,798 shares during the period, representing a 6.4% increase from the previous quarter.
Apple accounts for 6.3% of Wiregrass Investment Management LLC's portfolio, making it the company's largest position, valued at $7,618,000 as of its most recent SEC filing.
Institutional investors own a significant portion of Apple stock, with 67.73% of the company's shares held by institutional investors.