Rathbones Trims Amazon Stake by 1.7%

Rathbones Group PLC reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.7% during the first quarter, according to a recent disclosure with the Securities and Exchange Commission.

The institutional investor owned 5,201,829 shares of the e-commerce giant's stock after selling 92,536 shares during the period. Amazon.com accounts for about 4.3% of Rathbones Group PLC's holdings, making it its 4th biggest position.

Rathbones Group PLC's holdings in Amazon.com were worth $1,083,385,000 at the end of the most recent reporting period.