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Amazon Attracts Significant Institutional Investor Attention

Guavy AI Editorial Team
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AMZN
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Amazon.com Inc.'s stock continues to attract significant institutional investor attention. Farmers & Merchants Investments Inc., for instance, boosted its holdings in shares of Amazon by 5.4% during the second quarter.

The company's most recent disclosure with the SEC revealed that it owned approximately 171,378 shares of Amazon's stock after acquiring an additional 8,809 shares during the quarter.

This investment is worth around $40.85 million at the end of the most recent quarter and makes up about 1.0% of Farmers & Merchants Investments Inc.'s portfolio.

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