UNIVEST FINANCIAL Corp Invests Heavily in Amazon.com Stock
UNIVEST FINANCIAL Corp has made a significant investment in Amazon.com, Inc. (NASDAQ:AMZN) by purchasing a new position in shares during the second quarter.
The firm acquired 269,380 shares of the e-commerce giant's stock, valued at approximately $64,204,000.
This represents about 3.2% of UNIVEST FINANCIAL Corp's portfolio, making it their ninth biggest holding.