Kentucky Farm Bureau Invests Big in Amazon
Kentucky Farm Bureau Mutual Insurance Co has made headlines after purchasing a new stake in Amazon.com, Inc. (NASDAQ:AMZN) shares during the second quarter.
The company bought approximately 45,500 shares of Amazon's stock, valued at around $10,844,000, making up about 3.0% of its investment portfolio and representing its sixth-largest position.
This is not an isolated instance; Northstar Financial Companies Inc. also acquired a new stake in Amazon during the second quarter, worth $3,376,000.