Western Wealth Management Doubles Down on Amazon with 25% Stake Increase

Western Wealth Management LLC increased its stake in Amazon.com by 25.3% during the first quarter, according to its latest disclosure with the Securities & Exchange Commission.

The firm purchased an additional 38,238 shares of the e-commerce giant's stock, bringing its total holdings to 189,362 shares as of its most recent filing.

This represents approximately 1.5% of Western Wealth Management LLC's portfolio, making Amazon.com its 9th largest holding with a value of $39,439,000.

Other institutional investors have also made significant changes to their holdings in Amazon.com during the first quarter, including Gryphon Financial Partners LLC and First Citizens Bank & Trust Co.