Stocks
Towercrest Capital Management Snaps Up New Stake in Amazon.com
Towercrest Capital Management has made a new investment in Amazon.com (NASDAQ:AMZN), purchasing 4,893 shares valued at approximately $1.17 million during the second quarter, according to the company's latest disclosure with the Securities & Exchange Commission.
This purchase represents about 0.2% of Towercrest Capital Management's investment portfolio and makes it the company's 21st largest holding in Amazon.com.
A number of other hedge funds have also modified their holdings of the business, including Trust Asset Management LLC, which boosted its stake in shares of Amazon.com by 3.3% during the second quarter and now owns 107,563 shares valued at $26,000.