Keating Financial Advisory Services Acquires New Position in Amazon

Keating Financial Advisory Services Inc., a financial advisory firm, has acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN), purchasing 34,541 shares of the e-commerce giant's stock valued at approximately $8,233,000.

This acquisition represents about 1.1% of Keating Financial Advisory Services Inc.'s holdings, making Amazon its 17th largest holding.

Other hedge funds and institutional investors have also recently made changes to their positions in Amazon.com, including Northstar Financial Companies Inc., Gryphon Financial Partners LLC, First Citizens Bank & Trust Co., GSA Capital Partners LLP, and Vista Cima Wealth Management LLC.

Institutional investors own about 72.20% of the company's stock.