20-01-2017 16:00 via feedproxy.google.com

Apple is ticking higher after the world's largest asset manager says it has been loading up on shares (AAPL)

Apple is higher by 0.3% at $120.11 after BlackRock, the world's largest asset manager, boosted its stake in the company to 322 million shares, according to a SEC filing. 
The firm now holds 6.1% of Apple's outstanding shares, worth about $38.4 billion.
Apple stock reached a 14-month high earlier this week as Morgan Stanley gave the company an "overweight" rating and a price target of $148. 
SEE ALSO: Apple climbs to its best level in ov
Read more »