Requisite Capital Management Invests $1.19 Million in Amazon

Requisite Capital Management LLC has invested $1.19 million in Amazon.com Inc (NASDAQ:AMZN) by purchasing 5,001 shares of its stock during the second quarter.

This investment is just one of several recent changes to institutional investors' positions in Amazon. Norges Bank acquired a new stake worth approximately $32.8 billion in Amazon during the fourth quarter.

Auto Owners Insurance Co boosted its position by 27,376.7% in the same period and now owns 98.4 million shares of Amazon's stock.

The company has seen significant growth, with revenue increasing 19.6% year-over-year to $200.61 billion during its most recent quarter.