AIA Group Cuts Stake in JPMorgan Chase Amid Rising Interest Rates
AIA Group Ltd reduced its stake in JPMorgan Chase & Co. by 29.3% in the second quarter, according to a recent SEC filing.
The fund owned 142,918 shares of the financial services provider's stock after selling 59,346 shares during the quarter.
JPMorgan Chase & Co. makes up 0.6% of AIA Group Ltd's holdings, making it the company's 24th largest position.