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Carmignac Gestion Cuts Stake in JPMorgan Chase & Co.

Guavy AI Editorial Team
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JPM
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Carmignac Gestion reduced its stake in JPMorgan Chase & Co. by 71% during the first quarter, according to a recent filing with the Securities and Exchange Commission.

The fund owned 3,308 shares of the financial services provider's stock after selling 8,092 shares during the period, valued at $973,000.

Several other large investors also recently bought and sold shares of JPMorgan Chase & Co., including Norges Bank, which purchased a new position in the fourth quarter valued at approximately $11.4 billion.

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