Amazon Stock Gains Another Institutional Investor
N.E.W. Advisory Services LLC has acquired 25,344 shares of Amazon.com, Inc.'s stock in the second quarter, according to the company's recent Form 13F filing with the SEC.
The institutional investor bought these shares for approximately $6,040,000, which comprises about 0.4% of N.E.W. Advisory Services LLC's portfolio.
This investment is part of a larger trend of increased interest in Amazon stock among institutional investors.