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Pinnacle Family Advisors Invests $3.2 Million in Amazon Stock

Guavy AI Editorial Team
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AMZN
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Pinnacle Family Advisors LLC has purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought approximately $3,188,000 worth of shares, totaling 13,376.

This investment makes up about 1.3% of Pinnacle Family Advisors LLC's portfolio, ranking it as the company's 17th largest holding.

Amazon.com has been a popular stock among institutional investors, with Auto Owners Insurance Co increasing its stake by 27,376.7% in the fourth quarter and now owning over 98 million shares valued at $2.272 billion.

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