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Canvas Wealth Advisors LLC Boosts Investment in Amazon.com

Guavy AI Editorial Team
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AMZN
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Canvas Wealth Advisors LLC has increased its investment in Amazon.com (NASDAQ:AMZN) by purchasing an additional 9,214 shares during the second quarter. The firm now owns 120,898 shares of Amazon's stock, valued at $28,815,000.

This represents an 8.3% increase in Canvas Wealth Advisors LLC's position in Amazon.com and accounts for 4.0% of its investment portfolio, making it the company's 6th biggest holding.

The e-commerce giant reported strong quarterly earnings on July 30th, beating analyst estimates with a revenue of $200.61 billion, a 19.6% increase from the same period last year.

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