Citizens Financial Group Invests Heavily in Amazon
Citizens Financial Group Inc. RI has invested $163.64 million in Amazon.com, Inc., buying 686,590 shares of the e-commerce giant's stock.
This investment accounts for about 2.0% of Citizens Financial Group Inc. RI's portfolio and makes it their 8th largest holding.
Other institutional investors such as Northstar Financial Companies Inc., Gryphon Financial Partners LLC, First Citizens Bank & Trust Co., GSA Capital Partners LLP, and Narwhal Capital Management have also modified their holdings in Amazon.com during the second quarter.