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Morningstar Invests Heavily in Amazon.com Amid E-Commerce Giant's Growth Spurt

Guavy AI Editorial Team
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AMZN
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Morningstar Investment Management LLC has increased its stake in Amazon.com, Inc. by 17.5% during the first quarter, according to its most recent Form 13F filing with the SEC.

The firm owned 61,551 shares of the e-commerce giant's stock after buying an additional 9,175 shares during the period.

Amazon.com comprises about 0.8% of Morningstar Investment Management LLC's portfolio, making the stock its 20th biggest position.

Morningstar Investment Management LLC's holdings in Amazon.com were worth $12,819,000 at the end of the most recent reporting period.

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