Kilter Group Snaps Up New AMZN Stake Worth Over $1.5 Million

Kilter Group LLC has acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN), according to its recent disclosure with the SEC.

The firm purchased 6,339 shares of AMZN's stock, valued at approximately $1,511,000, making it the company's 12th largest position, accounting for 0.5% of Kilter Group LLC's investment portfolio.

This is not an isolated move, as several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMZN.