Altrafin AG Sells 34K Shares of Amazon.com
Altrafin AG has reduced its holdings in Amazon.com Inc., selling 34,444 shares of the e-commerce giant's stock. The company owned 82,803 shares after this sale, making Amazon its 11th biggest holding.
The value of Altrafin AG's holdings in Amazon was $19,735,000 as of its most recent SEC filing. This represents a significant decrease from its previous holdings, which were reduced by 29.4% during the second quarter.
Altrafin AG is not alone in adjusting its Amazon holdings. Other institutional investors have also been buying and selling shares of the company. For example, Red Crane Wealth Management LLC boosted its holdings in Amazon by 2.3% in the first quarter, while Robinson Smith Wealth Advisors LLC raised its holdings in Amazon by 0.7% during the same period.