Burk Holdings Buys into Amazon with $1.29 Million Stake

Burk Holdings LLC has acquired a new position in Amazon.com, Inc., purchasing 5,398 shares of the e-commerce giant's stock valued at approximately $1.29 million.

This move represents 0.5% of Burk Holdings' portfolio, making it their 12th largest holding.

A number of other large investors have also recently added to or reduced their stakes in AMZN, including Auto Owners Insurance Co and Bank of New York Mellon Corp.