Valley Forge Invests $576K in Amazon Amid Institutional Buying Spree
Valley Forge Investment Consultants Inc., an investment firm based in Pennsylvania, has made a significant move by investing $576,000 in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter of this year.
The company purchased 2,415 shares of Amazon's stock, which makes up 0.1% of their holdings and ranks as their 20th largest position.
This is not an isolated investment, as other hedge funds and institutional investors have also increased their stakes in the e-commerce giant during this period.