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Amazon Stock Acquired by Fischer Financial Services for $8.24 Million

Guavy AI Editorial Team
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AMZN
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Fischer Financial Services Inc., a financial services company, has acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) worth approximately $8.24 million. According to the company's most recent Form 13F filing with the SEC, Fischer purchased 34,580 shares of Amazon's stock during the second quarter.

This acquisition represents about 2.1% of Fischer Financial Services' total holdings and makes Amazon its 11th largest holding.

Amazon.com has been a popular investment choice among institutional investors and hedge funds, with over 72% of the company's stock owned by these groups.

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