American Research & Management Co. Lowers Holdings in Apple Inc. (NASDAQ:AAPL)
American Research & Management Co. trimmed its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 2.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,813 shares of the iPhone maker’s stock after selling 795 shares during the period. Apple makes up about 2.5% of American Research & Management Co.’s portfolio, making the stock its 11th biggest position. American Research & Management Co.’s holdings in Apple were worth $8,469,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Insight 2811 Inc. increased its holdings in Apple by 1.7% in the 3rd quarter. Insight 2811 Inc. now owns 4,776 shares o ...