Calamos Sells JPMorgan Stake, Adjusts Holdings to $28 Million
Calamos Wealth Management LLC, an institutional investor, has made adjustments to its holdings in JPMorgan Chase & Co. (NYSE:JPM) according to its most recent 13F filing with the SEC.
In the second quarter, Calamos reduced its stake in shares of JPMorgan Chase by 4.6%, selling 4,133 shares during the period.
As of June 30, the firm owned approximately 85,773 shares of JPMorgan's stock, valued at $28,076,000, which represents about 0.8% of its total holdings.
This marks a significant position for Calamos in the financial sector, ranking as its 17th largest holding.
Other institutional investors have also made changes to their positions in JPMorgan Chase & Co., with Daiwa Securities Group Inc. increasing its stake by 2.4% during the second quarter and Invenio Wealth Partners LLC lifting its holdings by 1.6%.