Stocks
Brilliance Asset Management Takes $9.7M Stakes in Amazon.com Amid Analyst Optimism
Brilliance Asset Management Ltd., an institutional investor, recently acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN) shares during the second quarter.
The company purchased approximately 40,877 shares valued at $9,743,000, making Amazon.com its sixth largest holding, which accounts for about 2.9% of Brilliance Asset Management Ltd.'s portfolio.
Other institutional investors, such as Bard Associates Inc., Longfellow Investment Management Co. LLC, and MilWealth Group LLC, also increased their stakes in the e-commerce giant during the second quarter.