PICET BANK TRUST Doubles Down on Amazon with Q2 Stake Boost
PICET BANK & TRUST Ltd has increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.8% during the second quarter.
The institutional investor now owns 47,130 shares of the e-commerce giant's stock after purchasing an additional 2,163 shares during the period.
Amazon accounts for approximately 12.0% of PICTET BANK & TRUST Ltd's investment portfolio, making it the company's second-largest holding.
The value of PICTET BANK & TRUST Ltd's holdings in Amazon.com was $11,233,000 at the end of the most recent quarter.