Amazon's Stock Sold: Davidson Investment Advisors Trims Stake

Davidson Investment Advisors has trimmed its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.5% during the second quarter, according to a recent filing with the Securities & Exchange Commission.

The fund owned 447,774 shares of the e-commerce giant's stock after selling 16,289 shares during the quarter.

Amazon.com makes up 4.4% of Davidson Investment Advisors' holdings, making the stock its 3rd largest holding.

Davidson Investment Advisors' holdings in Amazon.com were worth $106,722,000 as of its most recent filing with the Securities & Exchange Commission.