Private Client Services LLC Boosts Stake in Amazon.com by 17.1%

Private Client Services LLC, a firm that manages investments for high net worth individuals and families, has increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 17.1% during the second quarter.

The company now owns 14,136 shares of Amazon's stock, valued at $3,369,000, making up about 0.9% of Private Client Services LLC's holdings and its 24th biggest position.

This is not an isolated incident; several other hedge funds have also modified their holdings in Amazon during the second quarter, including Meadowbrook Wealth Management LLC, RDA Financial Network, Boltwood Capital Management, Trilogy Capital Inc., and Box Hill Private Wealth LLC.

Amazon's stock opened at $262.65 on Friday, with a market cap of $2.83 trillion and a P/E ratio of 21.13.