Amazon.com Sees Institutional Support Amid Growing Stake
Foguth Wealth Management LLC. has increased its stake in Amazon.com by 36.5% during the first quarter, according to a recent disclosure with the Securities & Exchange Commission.
The firm now owns 7,967 shares of AMZN's stock, valued at $1,659,000.
Foguth Wealth Management LLC.'s investment in Amazon.com is just one example of the growing institutional confidence in the e-commerce giant.