Barrow Hanley Sells 3,910 Shares of JPMorgan Chase
Barrow Hanley Mewhinney & Strauss LLC, an investment management firm, disclosed that it had reduced its stake in JPMorgan Chase & Co. (NYSE:JPM) by selling 3,910 shares during the second quarter.
The company now owns approximately 87,497 shares of JPM's stock, valued at $28,640,000 as per its latest SEC filing.
This move is part of a larger trend where institutional investors have been adjusting their holdings in JPMorgan Chase & Co. over the past few quarters.