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Spartan Planning Buys into Amazon, Joining Other Institutional Investors

Guavy AI Editorial Team
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AMZN
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Spartan Planning & Wealth Management has acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter. The institutional investor bought 12,054 shares of the e-commerce giant's stock, valued at approximately $2,873,000.

This represents about 1.9% of Spartan Planning & Wealth Management's investment portfolio, making Amazon.com its 14th biggest position.

This is not an isolated move, as other hedge funds have also modified their holdings of the company in recent quarters.

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