Stocks
Amazon Sees Another Large Investor Join Ranks of Institutional Holders
Polar Asset Management Partners Inc., an investment firm, has acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) through its recent Form 13F filing with the Securities & Exchange Commission.
The company purchased 41,100 shares of Amazon's stock, valued at approximately $9,796,000, during the second quarter.
This is just one example of the institutional investment in Amazon, as other investors such as Trust Asset Management LLC and Bard Associates Inc. have also increased their stakes in the e-commerce giant.