Amazon's Valuation Attracts Another Big Player
Vantage Point Financial LLC made headlines this week after acquiring a new position in Amazon.com, Inc. (NASDAQ: AMZN) worth approximately $2.82 million.
The fund acquired 11,841 shares of Amazon's stock during the second quarter, which accounts for about 0.9% of Vantage Point Financial LLC's portfolio.
This is not an isolated instance, as several other institutional investors also made changes to their positions in Amazon.com recently.