Berkshire invests in Ulta Beauty, Heico as it retreats from AppleFinanceBerkshire invests in Ulta Beauty, Heico as it retreats from Apple

Berkshire invests in Ulta Beauty, Heico as it retreats from Apple

Warren Buffett’s Berkshire Hathaway (BRKa.N), opens new tab acquired stakes in cosmetics store chain Ulta Beauty (ULTA.O), opens new tab and aircraft parts maker Heico (HEI.N), opens new tab during the second quarter, when it also nearly halved its huge stake in Apple (AAPL.O), opens new tab.

Berkshire owned about 690,000 Ulta Beauty shares worth $266.3 million and 1.04 million Heico shares worth $185.4 million as of June 30, according to a Wednesday regulatory filing containing its U.S.-listed holdings as of that date.

Source: REUTER

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