Flatrock Wealth Partners LLC Makes New Investment in Amazon.com, Inc. $AMZN

Flatrock Wealth Partners LLC purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the 1st quarter. The fund purchased 11,352 shares of the e-commerce giant's stock, valued at approximately $2,364,000. Amazon.com comprises approximately 1.1% of Flatrock Wealth Partners LLC's holdings, making the stock its 22nd biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC boosted its holdings in shares of Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after purchasing an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock worth $5,495,000 after buying an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG grew its holdings in Amazon.com by 2.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock valued at $442,481,000 after buying an additional 54,987 shares during the period. Highview Capital Management LLC DE grew its holdings in Amazon.com by 5.5% in the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock valued at $6,357,000 after buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC acquired a new position in shares of Amazon.com during the 4th quarter valued at about $2,153,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of NASDAQ AMZN opened at $247.27 on Friday. The stock's 50 day simple moving average is $250.83 and its 200 day simple moving average is $235.93. The company has a market cap...