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Allstate Cuts Stake in JPMorgan Chase

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JPM
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Allstate Corp trimmed its holdings in JPMorgan Chase & Co., reducing its stake by 10.6% during the second quarter.

The institutional investor owned 250,584 shares of the financial services provider's stock after selling 29,700 shares.

This comprises about 0.8% of Allstate Corp's investment portfolio, making JPMorgan Chase & Co. its 19th biggest holding.

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