Veratis Advisors Makes New Investment in Amazon Stock

Veratis Advisors Inc., a financial institution, has made a significant investment in Amazon.com, Inc. (NASDAQ:AMZN). According to a recent filing with the Securities and Exchange Commission (SEC), Veratis purchased 4,771 shares of Amazon's stock during the second quarter, valued at approximately $1,137,000.

This acquisition represents around 0.8% of Veratis' holdings, making it the company's 15th largest holding. In addition to Veratis, several other large investors have also made significant purchases of Amazon stock in recent quarters.

Silvant Capital Management LLC, for example, bought a new position in shares of Amazon during the second quarter, valued at approximately $60 million. Northstar Financial Companies Inc. also acquired a new stake in Amazon's stock during the same period, worth around $3.4 million.