Xcel Wealth Management LLC reduced its holdings in Amazon.com, Inc.'s (NASDAQ:AMZN) stock by 2.5% during the second quarter, according to a recent SEC filing.
The fund owned 130,692 shares of the e-commerce giant's stock after selling 3,371 shares during the quarter.
Amazon.com comprises 7.4% of Xcel Wealth Management LLC's investment portfolio, making it the largest holding for the company.
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