Ancora Advisors Cuts Stake in JPMorgan Chase & Co.

Ancora Advisors LLC, an institutional investor, has reduced its stake in JPMorgan Chase & Co. (NYSE:JPM) by 6.7% in the second quarter.

According to a recent Form 13F filing with the Securities and Exchange Commission (SEC), Ancora Advisors LLC owned 261,581 shares of JPMorgan Chase & Co.'s stock after selling 18,776 shares during the period.

The financial services provider accounts for 1.7% of Ancora Advisors LLC's portfolio, making it its 11th largest position.