Apple is moving higher after big-name money managers pile into shares (AAPL)

Tim Cook

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.

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...

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SEE ALSO: GE sinks after news that Warren Buffett yanked his entire position

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Contributer : Tech Insider http://ift.tt/2uXUMbJ
Apple is moving higher after big-name money managers pile into shares (AAPL) Apple is moving higher after big-name money managers pile into shares (AAPL) Reviewed by mimisabreena on Tuesday, August 15, 2017 Rating: 5

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