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Amazon.com Sees Institutional Support Amid Growing Stake

Instruments
AMZN
Share

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.

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