Stocks
Benchmark Investment Advisors Snaps Up New Stake in Amazon.com
Benchmark Investment Advisors LLC has taken a new position in Amazon.com, Inc. (NASDAQ:AMZN), purchasing 20,311 shares valued at approximately $4,841,000 during the second quarter.
This investment accounts for about 2.1% of Benchmark Investment Advisors LLC's portfolio and makes Amazon its 16th biggest holding.
Other institutional investors have also made significant moves in Amazon.com, including Auto Owners Insurance Co, which increased its holdings by 27,376.7% during the fourth quarter to own 98,448,885 shares worth $2,272,397,000.
The company's stock opened at $253.71 on Monday and has a market cap of $2.74 trillion with a PE ratio of 20.41.