Amazon Stake Reduced by Jacobs & Co. CA Amid Ongoing Market Volatility
Jacobs & Co. CA reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.8% in Q2, according to a recent SEC filing.
The fund owned 136,344 shares of the e-commerce giant's stock after selling 3,920 shares during the quarter.
Amazon.com makes up about 2.8% of Jacobs & Co. CA's portfolio and is its 8th largest holding.