Plato Investment Management Ltd Loads Up on $58.29 Million Amazon Stake
Plato Investment Management Ltd has acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN), investing $58.29 million in the e-commerce giant's stock.
The institutional investor purchased 245,991 shares of Amazon's stock during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
Amazon accounts for approximately 3.3% of Plato Investment Management Ltd's portfolio, making it the company's fourth-largest position.