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Amazon Stock Attracts More Institutional Buyers

Guavy AI Editorial Team
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AMZN
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CTC Alternative Strategies Ltd., an investment firm, recently acquired 13,200 shares of Amazon.com, Inc. stock during the second quarter, according to its latest 13F filing with the Securities and Exchange Commission.

The purchase was valued at approximately $3,146,000 and accounts for about 4.6% of CTC Alternative Strategies Ltd.'s portfolio, making it the company's fifth-largest holding.

This is not an isolated incident; several other institutional investors have also increased their stakes in Amazon.com, Inc. during the second quarter.

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