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Amazon.com Stake Purchased by Three Arch Wealth Management LLC

Guavy AI Editorial Team
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AMZN
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Three Arch Wealth Management LLC has purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN) valued at approximately $1,796,000, according to its most recent Form 13F filing with the Securities and Exchange Commission.

The institutional investor bought 7,534 shares of the e-commerce giant's stock, which accounts for about 0.3% of Three Arch Wealth Management LLC's investment portfolio, making it the company's 8th biggest holding.

This is not an isolated incident as several other hedge funds have also recently added to or reduced their stakes in Amazon.com.

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