Envestnet Portfolio Solutions Doubles Down on Amazon.com
Envestnet Portfolio Solutions Inc., an institutional investor, has increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 13.7% during the second quarter.
The company now owns 517,750 shares of Amazon's stock after buying an additional 62,417 shares during the period.
This makes Amazon one of Envestnet Portfolio Solutions Inc.'s largest holdings, accounting for 0.6% of its investment portfolio and valued at $123,380,000 at the end of the most recent reporting period.