Amazon.com Inc. Sees Increased Institutional Support Amidst AI-Driven Growth
TD Waterhouse Canada Inc., an investment firm, increased its holdings in Amazon.com, Inc. by 2.2% during the second quarter, according to a recent SEC filing.
The company now owns 2,257,562 shares of AMZN stock, valued at $545,870,000, making it the e-commerce giant's 19th largest position in TD Waterhouse Canada Inc.'s portfolio, which accounts for 1.4% of its total holdings.
Several other institutional investors have also modified their positions in Amazon.com during this period, including Bard Associates Inc., Longfellow Investment Management Co. LLC, Lifetime Wealth Management P.C., Prudent Man Investment Management Inc., and Strategic Wealth Advisors LLC.
In related news, Amazon's CEO Andrew Jassy sold 20,000 shares of the company stock on August 21st at an average price of $259.01, reducing his stake by 0.89%.