Ameriprise Financial Inc. reduced its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,745,756 shares of the e-commerce giant's stock after selling 1,249,412 shares during the period. Amazon.com accounts for about 1.8% of Ameriprise Financial Inc....
Ameriprise Financial Inc. reduced its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,745,756 shares of the e-commerce giant's stock after selling 1,249,412 shares during the period. Amazon.com accounts for about 1.8% of Ameriprise Financial Inc.'s portfolio, making the stock its 6th largest holding. Ameriprise Financial Inc. owned approximately 0.33% of Amazon.com worth $7,844,062,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Get Amazon.com alerts: Sign Up A number of other large investors have also made changes to their positions in the stock. Norges Bank purchased a new stake in Amazon.com in the 2nd quarter valued at $27,438,011,000. Nuveen LLC acquired a new stake in shares of Amazon.com in the 1st quarter worth $11,674,091,000. Vanguard Group Inc. raised its holdings in shares of Amazon.com by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant's stock worth $186,420,422,000 after acquiring an additional 17,447,045 shares during the period. Laurel Wealth Advisors LLC raised its holdings in shares of Amazon.com by 22,085.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant's stock worth $2,671,634,000 after acquiring an additional 12,122,668 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant's stock valued at $11,017,657,000 after acquiring an additional 10,176,835 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors. Trending Headlines about Amazon.com Here are the key news stories impacting Amazon.com this week: Insider Transactions at Amazon.com...