Stocks
Anchor Capital Downsizes Stake in JPMorgan Chase
Anchor Capital Advisors LLC has adjusted its holdings in JPMorgan Chase & Co. (NYSE:JPM), reducing its stake by 23.7% in the second quarter.
The company disclosed that it sold 35,806 shares during this period, leaving it with 115,282 shares worth approximately $37.74 million as of its latest SEC filing.
This adjustment is part of a broader trend among institutional investors, with several other hedge funds and investment firms also making changes to their positions in JPMorgan Chase & Co.