Amazon Stake Doubles for CIBC Capital Markets
CIBC Capital Markets Europe S.A. has acquired a significant stake in Amazon.com, Inc., purchasing 1,098,009 shares of the e-commerce giant's stock valued at approximately $261,699,000.
This new position accounts for 35.1% of CIBC Capital Markets Europe S.A.'s holdings, making it the company's largest holding.
The purchase was made in the second quarter, as reported in the company's most recent 13F filing with the SEC.