Apple is moving higher as big-name money managers pile into shares
Advertisement
Advertisement
Apple is trading higher by 0.63% at $160.85 early Monday after regulatory filings showed big-name money managers are buying up shares.
In an SEC filing on Monday, Buffett's Berkshire Hathaway disclosed it increased its Apple stake to $18.8 billion, or about 2.3% of the company.
Buffett wasn't the only famous investor piling into the tech giant.
David Tepper's Appaloosa Management announced it increased its Apple stake to $90 million.
Advertisement
Both firms may have changed their positions since the time of filing.
Shares of Apple are up 38.12% this year.
Click here to watch Apple shares trade in real time...
Advertisement
- Love in the time of elections: Do politics spice up or spoil dating in India?
- Samsung Galaxy S24 Plus review – the best smartphone in the S24 lineup
- Household savings dip over Rs 9 lakh cr in 3 years to Rs 14.16 lakh cr in 2022-23
- Misleading ads: SC says public figures must act with responsibility while endorsing products
- Here’s what falling inside a black hole would look like, according to a NASA supercomputer simulation