Deutsche Bank AG reduced its stake in JPMorgan Chase & Co. by 4.8% during the second quarter, according to a recent disclosure with the Securities and Exchange Commission.
The institutional investor owned 7,909,780 shares of JPMorgan's stock after selling 401,606 shares during the quarter.
JPMorgan accounts for 0.8% of Deutsche Bank AG's portfolio, making it the company's 20th biggest holding.
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