Silicon Valley Capital Partners Cuts Stake in Amazon

Silicon Valley Capital Partners, a prominent investment firm, has reduced its stake in Amazon.com, Inc. (AMZN) by 6.8% during the first quarter of this year.

The firm owned approximately 166,536 shares of Amazon's stock after selling 12,083 shares during the period, which is valued at $34.68 million as per their latest filing with the SEC.

This reduction in stake still makes Amazon one of Silicon Valley Capital Partners' top holdings, accounting for around 3.4% of its portfolio.