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Arete Wealth Advisors Increases Stake in Amazon by 6% with Additional Share Purchase

Guavy AI Editorial Team
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AMZN
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Arete Wealth Advisors LLC has significantly increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by buying an additional 4,928 shares of the e-commerce giant's stock during the first quarter.

This increase brought Arete's total holdings to 86,584 shares, accounting for 1.1% of its portfolio, making it the company's 22nd largest position.

The value of these holdings was $18,028,000 as of the latest SEC filing.

This is not an isolated instance; several other institutional investors and hedge funds have also made changes to their positions in Amazon.com during the same period.

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