Stocks
Stuart Investment Advisors Invests Heavily in Amazon.com
Stuart Investment Advisors Inc., an investment firm, recently acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN) worth approximately $1.61 million.
The acquisition consists of 6,760 shares of Amazon's stock, which accounts for about 0.6% of Stuart Investment Advisors' portfolio.
This is not the only recent change to institutional investors' positions in AMZN, as several other firms have also made new stakes or adjustments to their holdings in the e-commerce giant.
Among these, Avalon Trust Co purchased a new stake worth around $87.25 million, while Orca Investment Management LLC acquired a new position valued at approximately $3.41 million.