Glenmede Trust Co. NA Cuts Amazon Stake by 4.1% in Q1

Glenmede Trust Co. NA has reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.1% in the first quarter, according to a recent SEC filing.

The institutional investor sold 50,276 shares during the period, reducing its position from 1,213,567 to 1,163,291 shares of Amazon's stock.

Glenmede Trust Co. NA's holdings in Amazon.com were worth $242,279,000 at the end of the most recent quarter, making the e-commerce giant its 14th largest position, accounting for approximately 1.2% of Glenmede Trust Co. NA's overall holdings.