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FinArc Investments Inc. Snaps Up New Stake in Amazon.com

Guavy AI Editorial Team
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AMZN
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FinArc Investments Inc., a financial investment firm, has purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN) during the first quarter of this year. According to its latest 13F filing with the SEC, FinArc bought approximately 6,214 shares of AMZN's stock, valued at around $1.29 million.

This purchase represents about 1.2% of FinArc's investment portfolio, making Amazon.com its 27th largest position. The firm joins other institutional investors who have also increased their stakes in the e-commerce giant during the first quarter.

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