Amazon Stake Reduced by Capital Investment Services Amid Growing Regulatory Concerns
Capital Investment Services of America Inc., a financial institution, has reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by selling 2,975 shares in the second quarter.
This move represents a 2.3% decrease in their holdings, bringing their total shares to 126,495.
Amazon accounts for approximately 3.0% of Capital Investment Services' portfolio and is its seventh-largest holding.