Braun Stacey Associates Trims JPMorgan Holdings by 2.4%
Braun Stacey Associates Inc., an investment firm, has significantly reduced its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 2.4% in the second quarter.
The company's latest Form 13F filing with the SEC revealed that Braun Stacey Associates Inc. sold 4,219 shares of JPMorgan Chase & Co.'s stock during the quarter, resulting in a total of $56,933,000 worth of holdings at the end of the period.
This represents approximately 1.6% of Braun Stacey Associates Inc.'s investment portfolio, making JPMorgan Chase & Co. its 15th biggest position.