Stocks
Orographic Financial Advisors Takes New Position in Amazon.com
Orographic Financial Advisors LLC has taken a new position in Amazon.com Inc. (NASDAQ:AMZN) worth approximately $1,810,000 through its latest SEC filing.
The fund acquired 8,691 shares of the e-commerce giant's stock during the first quarter, which accounts for about 1.3% of Orographic Financial Advisors LLC's holdings.
This is not an isolated instance; several other hedge funds and institutional investors have increased their stakes in Amazon.com over the same period.