Stocks
Silverlake Wealth Management Joins Ranks of Amazon Investors
Silverlake Wealth Management LLC has entered the market for Amazon.com, Inc. (NASDAQ:AMZN) stock, purchasing 10,095 shares in the second quarter. The acquisition is valued at approximately $2.4 million.
The transaction marks a new position for Silverlake Wealth Management in Amazon's stock. Other institutional investors have also recently made significant investments in the e-commerce giant, including Norges Bank and Auto Owners Insurance Co.