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Amazon Stock Surges as Asset Advisors Boosts Stake

Guavy AI Editorial Team
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AMZN
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Asset Advisors Investment Management LLC has increased its stake in Amazon.com Inc. (NASDAQ:AMZN) by 2.7% during the second quarter, according to a recent Form 13F filing with the Securities & Exchange Commission. The firm now owns 119,413 shares of the e-commerce giant's stock.

The value of Amazon's holdings in Asset Advisors Investment Management LLC's portfolio is approximately $28.5 million as of its most recent filing with the SEC. This represents about 2.6% of the company's total investment portfolio and makes it the 9th largest holding out of all their assets.

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