Amazon.com, Inc. $AMZN Shares Bought by Exchange Traded Concepts LLC
Exchange Traded Concepts LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 49% in Q3, owning 1,089,925 shares valued at $239.3 million. Other institutional investors also adjusted their holdings. CEO Andrew R. Jassy sold 19,872 shares, while CEO Douglas J. Herrington sold 22,000 shares. Amazon's stock opened at $232.52, with a market cap of $2.49 trillion and a P/E ratio of 32.84. The company reported Q3 earnings of $1.95 per share, exceeding estimates, with revenue of $180.17 billion, up 13.4% year-over-year.