Amundi Sells Off Stake in American Express Company

Amundi, a major financial institution, has reduced its holdings in American Express Company by 5.5% during the second quarter of this year.

The fund sold 136,512 shares of American Express' stock during the quarter, resulting in a total of 2,355,244 shares owned as of its most recent filing with the Securities and Exchange Commission (SEC).

This move accounts for approximately 0.35% of American Express' worth, valued at $796,661,000.