Commerce Bank Trims Stake in JPMorgan Chase by Nearly 4%

Commerce Bank has reduced its stake in JPMorgan Chase & Co. (NYSE:JPM) shares by 3.9% during the second quarter, according to a recent filing with the Securities and Exchange Commission.

The fund owned 1,297,817 shares of the financial services provider's stock after selling 52,877 shares during the period. JPMorgan Chase & Co. accounts for about 1.9% of Commerce Bank's portfolio, making it the company's eighth largest holding.

Commerce Bank's holdings in JPMorgan Chase & Co. were worth $424,814,000 as of its most recent filing with the Securities and Exchange Commission.