Stocks
Matrix Private Capital Group Puts $1.5 Million Behind Amazon Stock
Matrix Private Capital Group LLC has invested $1.50 million in Amazon.com, Inc., buying 7,194 shares of the e-commerce giant's stock in the first quarter.
The investment accounts for 0.7% of Matrix Private Capital Group's portfolio and makes Amazon its 29th biggest holding.
This isn't an isolated move; several other hedge funds have also bought and sold Amazon shares recently, with MilWealth Group LLC increasing its holdings by 79% in the fourth quarter.