HBK Sorce Advisory LLC Invests $24.9 Million in Amazon

HBK Sorce Advisory LLC has made a significant investment in Amazon.com, Inc. (NASDAQ:AMZN), purchasing 91,425 shares of the e-commerce giant's stock during the second quarter.

The purchase was valued at approximately $24,927,000 and accounts for about 0.5% of HBK Sorce Advisory LLC's portfolio, making it their 17th biggest position.

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