Rayburn West Buys into Amazon Amidst Institutional Investor Surge
A recent SEC filing revealed that Rayburn West Financial Services LLC acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter.
The institutional investor purchased 7,644 shares of Amazon's stock, valued at approximately $1,846,000.
This acquisition accounts for 1.0% of Rayburn West Financial Services LLC's holdings, making Amazon its 29th biggest holding.