Stocks
Park State Asset Management Invests $13 Million in Amazon.com
Park State Asset Management has made a new investment in Amazon.com, Inc. (NASDAQ:AMZN), purchasing 54,372 shares of its stock valued at approximately $12,959,000.
This acquisition accounts for around 12.6% of Park State Asset Management's investment portfolio, making it the firm's second-largest position.
A number of other hedge funds have also increased their stakes in Amazon.com recently, including Brighton Jones LLC, which added 397,007 shares to its holdings, and Revolve Wealth Partners LLC, which purchased an additional 986 shares.