Baypointe Cuts JPMorgan Stake, Reduces Holdings by 20%
Baypointe Partners LLC has adjusted its holdings in JPMorgan Chase & Co. (NYSE:JPM), selling 5,000 shares during the second quarter. As a result, Baypointe Partners' stake in JPMorgan Chase decreased by 20% to 20,000 shares.
The value of these shares is approximately $6.55 million as per the company's most recent filing with the Securities and Exchange Commission (SEC).
JPMorgan Chase & Co. accounts for 15.7% of Baypointe Partners' holdings, making it their third-largest position.