China Universal Asset Management Co. Ltd. lessened its holdings in Apple Inc. ( NASDAQ:AAPL – Get Rating ) by 64.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,600 shares of the iPhone maker’s stock after selling 90,612 shares during the quarter. Apple accounts for about 3.1% of China Universal Asset Management Co. Ltd.’s holdings, making the stock its 7th biggest position. China Universal Asset Management Co. Ltd.’s holdings in Apple were worth $8,835,000 at the end of the most recent quarter. A number of other institutional investors...