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Amazon: B. Metzler Sees Red Amid Institutional Shifts

Guavy AI Editorial Team
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AMZN
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B. Metzler seel. Sohn & Co. AG has reduced its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 13.9% in the second quarter.

The institutional investor owned 2,268,868 shares of the e-commerce giant's stock after selling 364,982 shares during the quarter.

This move is part of a larger trend, as other hedge funds have also made changes to their positions in Amazon.com. Bank of New York Mellon Corp acquired a new position in Amazon.com in the second quarter valued at approximately $16,341,405,000.

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