Amazon.com Share Buy by Foster & Motley Inc. Worth $1.17 Million
Foster & Motley Inc., an institutional investor, has acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) for approximately $1.17 million.
The purchase consisted of 4,915 shares, valued at around $1,171,000, according to the company's most recent Form 13F filing with the Securities & Exchange Commission.
This is not an isolated instance; several other institutional investors have also made changes to their positions in AMZN during the 2nd quarter.