CNN —
Warren Buffett’s Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during the second quarter, when it also nearly halved its huge stake in Apple.
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 US-listed holdings as of that date.
Ulta Beauty shares soared 14% and Heico shares rose 3% in after-hours trading, reflecting a belief that the companies won Berkshire’s and perhaps Buffett’s stamp of approval.
Wednesday’s filing
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