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Global Wealth Strategies & Associates Boosts Stake in Amazon.com by Over 460%

Guavy AI Editorial Team
Instruments
AMZN
Share

Global Wealth Strategies & Associates significantly increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter by purchasing an additional 27,479 shares.

The institutional investor now owns 33,351 shares of the e-commerce giant's stock, making it its 16th largest position, which comprises 1.5% of Global Wealth Strategies & Associates' portfolio.

The value of the company's holdings in Amazon.com was $7,949,000 at the end of the most recent reporting period.

This is not an isolated instance, as several other institutional investors and hedge funds have also recently bought shares of AMZN.

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