Stocks
Alyeska Investment Group L.P. Sells Large Stake in JPMorgan Chase & Co.
Alyeska Investment Group L.P. has reduced its stake in JPMorgan Chase & Co. by selling 84,499 shares during the second quarter.
The institutional investor owned 248,028 shares of the financial services provider's stock after selling during the quarter, with holdings worth $81,187,000 as of its most recent SEC filing.
This reduction represents a 25.4% decrease in Alyeska Investment Group L.P.'s stake in JPMorgan Chase & Co., which is a global financial services company headquartered in New York City, offering banking, lending, payments, investment banking, asset management and wealth management services to consumers and businesses.