February 13, 2013
First Quarter 2012 Investment Perspective: Chart of the Quarter
Apple Inc. continued to lead the U.S. Equity market higher during the quarter, led by improving sales and earnings. The stock appreciated nearly 50% and ended the quarter as the largest stock by market capitalization in the Russell 1000 Index with a weight of 3.3%. Apple contributed 1.35%, the largest single contributor, to the 12.9% rise in the Russell 1000 Index over the quarter.
On a quarterly basis, Hirtle Callaghan publishes our perspective on the current market. We have included the first page of that piece here. If you would like to receive the full perspective, please contact us.