Amazon Sees Big Money Pour In As OneAscent Family Office Invests Heavily

OneAscent Family Office LLC has made a new investment in Amazon.com (NASDAQ:AMZN) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,243 shares of Amazon's stock, valued at approximately $2,441,000.

Amazon makes up about 1.2% of OneAscent Family Office LLC's holdings, making it the company's 12th largest position. This is not an isolated investment, as other institutional investors have also recently made changes to their positions in AMZN.

In the second quarter, Trust Asset Management LLC lifted its position in Amazon by 3.3%, while Longfellow Investment Management Co. LLC purchased a new position worth $33,000. MilWealth Group LLC and Lifetime Wealth Management P.C. also bought new positions in Amazon during the fourth quarter.