Ceredex Cuts Stake in JPMorgan Chase, Value Drops to 1.1% of Holdings

Ceredex Value Advisors LLC trimmed its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 11.9% during the second quarter, according to a recent Form 13F filing with the SEC.

The fund owned 124,557 shares of the financial services provider's stock after selling 16,867 shares during the quarter.

JPMorgan Chase & Co. makes up approximately 1.1% of Ceredex Value Advisors LLC's holdings, making the stock its 17th biggest holding.