5 Most-Bought Stocks Of All Large Funds In The US - Apple Tops List |
| September 17, 2016 | September 2016 Bond Updates |
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Apple defied its naysayers to rise 10.3% this week, including a 3.5% gain Thursday on positive news about its iPhone 7 sales. The benefit from the upturn will have widespread benefit for portfolio managers, as Apple (NASDAQ:AAPL) was the most-purchased S&P 500 stock of all large funds in the U.S. in the second quarter.
Of approximately 4,500 firms managing more than $100 million, 1,177 bought or added to a position in Apple, according to GuruFocus data. |
| View more at: http://www.forbes.com/sites/gurufocus/2016/09/16/5-most-bought-stocks-of-all-large-funds-in-the-us-apple-tops-list/ |
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