Amazon Stake Boosted by Hennion & Walsh Asset Management Inc.
Hennion & Walsh Asset Management Inc., a financial institution, has increased its stake in Amazon.com by 2.9% during the second quarter, according to a recent filing with the Securities & Exchange Commission.
The fund now owns 91,947 shares of Amazon's stock, valued at $21,915,000, making it the company's 25th biggest holding.
This is not an isolated instance; several other institutional investors have also added to or reduced their stakes in Amazon.com during this period.