Magnolia Capital Advisors LLC recently purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN), according to its latest Form 13F filing with the Securities and Exchange Commission.
The institutional investor bought 29,841 shares of the e-commerce giant's stock, valued at approximately $7,112,000.
This purchase represents 1.2% of Magnolia Capital Advisors LLC's investment portfolio, making Amazon.com its 18th biggest position.
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