Caerus Investment Advisors Cuts Stake in Amazon by 33.2%

Caerus Investment Advisors LLC, a financial institution, has adjusted its holdings in Amazon.com, Inc. (NASDAQ:AMZN). According to its latest 13F filing with the Securities & Exchange Commission, the company reduced its stake in Amazon by 33.2% during the first quarter.

The firm owned approximately 9,415 shares of Amazon's stock after selling 4,671 shares during the period. This represents about 0.8% of Caerus Investment Advisors LLC's portfolio, making it their 18th largest holding.

Amazon makes up a significant portion of Caerus Investment Advisors LLC's holdings, with a value of $1,961,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also recently made changes to their positions in Amazon.