Stocks
Investmark Advisory Group LLC Buys into Amazon's Rising Fortune
Investment firm Investmark Advisory Group LLC acquired 6,308 shares of Amazon.com Inc. (NASDAQ:AMZN) in the second quarter, according to a recent SEC filing.
The institutional investor purchased these shares at an approximate value of $1,503,000, bringing its total stake in Amazon.com to a significant amount.
This is not the first time that various institutional investors and hedge funds have bought and sold shares of Amazon.com.
Other notable investors include Red Crane Wealth Management LLC, which increased its stake by 2.3% in the first quarter, Robinson Smith Wealth Advisors LLC, which grew its holding by 0.7%, and Measured Risk Portfolios Inc., which raised its position by 3.4%.