Triasima Portfolio Management Boosts Stake in Amazon.com

Triasima Portfolio Management inc. has increased its stake in Amazon.com by 57.9% during the second quarter, according to the company's recent disclosure with the Securities and Exchange Commission.

The fund now owns 8,608 shares of Amazon's stock, valued at $2,052,000 as of its most recent filing.

This is not an isolated move, as several other institutional investors have also modified their holdings in Amazon during the fourth quarter.

Amazon's market cap stands at $2.76 trillion, with a price-to-earnings ratio of 20.62 and a beta of 1.45.