Stocks
Johnson Wealth Management Buys into Amazon
Johnson Wealth Management LLC has invested in Amazon.com, Inc. (NASDAQ:AMZN), purchasing 3,603 shares of the e-commerce giant's stock during the second quarter.
The institutional investor acquired its new stake at an approximate value of $859,000, making Amazon.com account for 0.4% of Johnson Wealth Management LLC's investment portfolio.
This is not the only recent development in Amazon's ownership structure; other large investors have also made changes to their positions in the company during the fourth quarter.
Brighton Jones LLC boosted its holdings in Amazon.com by 10.9%, acquiring an additional 397,007 shares and now owning 4,036,091 shares of the e-commerce giant's stock worth approximately $885,478,000.