Stocks
CMH Wealth Management Sells 13,209 Shares of Amazon.com
CMH Wealth Management LLC, a financial institution, recently filed its Form 13F with the SEC, revealing that it sold 13,209 shares of Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter. This sale represents a 12.8% decrease in its stake in the e-commerce giant.
The firm now owns 89,639 shares of Amazon's stock, valued at $21,365,000 as of its most recent filing with the SEC. CMH Wealth Management LLC considers Amazon.com to be one of its largest holdings, accounting for approximately 3.3% of its overall portfolio.
The sale is just one example of a larger trend in which institutional investors and hedge funds are buying and selling shares of Amazon.com.