Western Wealth Management Bets Big on Amazon with $5 Million Investment
Western Wealth Management LLC has invested in Amazon.com, Inc. (NASDAQ:AMZN), purchasing 21,610 shares of the e-commerce giant's stock during the second quarter.
The value of this investment is approximately $5,150,000. This purchase was made under a new position, and Western Wealth Management LLC acquired no previous holdings in Amazon.com, Inc.
This transaction is part of a larger trend where institutional investors are increasing their stakes in Amazon.com, Inc.