Apple Inc. (NASDAQ:AAPL) Stock Position Lifted by Encompass Wealth Advisors LLC

Encompass Wealth Advisors LLC is a financial services firm that provides investment management and wealth planning services to individuals and businesses. The company has recently disclosed that it lifted its stake in Apple Inc. NASDAQAAPL by 6.8% during the third quarter of the year. This means that the firm now owns a total of 39,208 shares of Apple's stock after purchasing an additional 2,505 shares during the period.

Apple Inc. is a multinational technology company that designs, manufactures, and sells consumer electronics, computer software, and online services. The company is best known for its iPhone smartphones, Mac computers, iPad tablets, and iPod music players. Apple's stock is listed on the NASDAQ Global Select Market under the ticker symbol AAPL.

Encompass Wealth Advisors LLC's decision to increase its stake in Apple's stock may be seen as a vote of confidence in the company's continued growth and success. The firm may believe that Apple's products and services are well-positioned to meet the needs of consumers and businesses in the technology industry, and that the company has strong financials and growth prospects.

It is worth noting that Encompass Wealth Advisors LLC is not the only financial services firm to have recently increased its stake in Apple's stock. In fact, several other firms have also reported buying additional shares of the iPhone maker's stock in recent months, including Vanguard Group and BlackRock Inc.

Overall, Encompass Wealth Advisors LLC's decision to lift its stake in Apple's stock by 6.8% during the third quarter may be seen as a positive sign for the company's continued growth and success in the technology industry.