Cynosure Group Cuts Stake in JPMorgan Chase by Nearly 90%

Cynosure Group LLC has reduced its holdings in JPMorgan Chase & Co. by 88% during the second quarter, according to a recent 13F filing with the Securities & Exchange Commission.

The firm owned 629 shares of JPMorgan Chase & Co.'s stock after selling 4,606 shares during the period, making its holdings in the company worth $206,000 as of its most recent SEC filing.

This is not an isolated case, as several other large investors have also modified their holdings in JPMorgan Chase & Co. recently. For example, Fidelis Capital Partners LLC raised its holdings by 7.9% in the fourth quarter, while First National Bank of Mount Dora Trust Investment Services grew its holdings by 18.7% during the first quarter.