Apple Inc. (AAPL) Institutional Investors Started To Lose Faith

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Apple Inc. (AAPL) Institutional Investors Started To Lose Faith
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Apple Inc. (NASDAQ:AAPL) shares rose above $500 last week and have remained there, suggesting that investors might be starting to put their faith back in the company. However, the second quarter was an entirely different story, according to data put together by FactSet.

Apple Inc. (AAPL) Institutional Investors Started To Lose Faith

Institutional investors actually dumped their shares during the quarter, reducing institutional ownership in Apple Inc. (NASDAQ:AAPL) by about 4 percent during the quarter. The data was posted by Wallace Witkowski of The Tell on MarketWatch.

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