Stocks
BCS Trims Stake in JPMorgan Chase Amid Shifts from Other Institutional Investors
BCS Private Wealth Management Inc. has adjusted its position in JPMorgan Chase & Co., trimming its stake by 7.9% in the second quarter.
The firm sold 3,092 shares during the period, reducing its holdings to 35,945 shares of the financial services provider's stock.
As of its most recent filing with the Securities and Exchange Commission (SEC), BCS Private Wealth Management Inc.'s holdings in JPMorgan Chase & Co. were valued at $11,766,000, accounting for about 3.5% of their investment portfolio, making it the company's fifth largest holding.
Other institutional investors have also adjusted their stakes in JPMorgan Chase & Co., with some increasing and others decreasing their holdings.