Amazon.com Ownership Structure Shifts Amid First Quarter Sell-Off
Amazon.com Inc. (NASDAQ:AMZN) saw significant changes in its ownership structure after the first quarter, according to a recent disclosure by Kentucky Retirement Systems.
The institutional investor lowered its position in Amazon's stock by 94.9%, selling 571,511 shares during the quarter.
This move left Kentucky Retirement Systems owning 30,611 shares of Amazon's stock, valued at $6,375,000 as of their most recent SEC filing.