Amazon Stake Decreases: Johnson Investment Counsel Sells 34k Shares
Johnson Investment Counsel Inc., an institutional investor, has reduced its stake in Amazon.com, Inc. (AMZN) by 3.6% in the second quarter.
The company now owns 921,278 shares of Amazon's stock after selling 33,983 shares during the period.
This move reflects a change in Johnson Investment Counsel Inc.'s investment strategy or risk assessment for the e-commerce giant.