JPMorgan Chase & Co. Loses Significant Shareholder Support from Alpine Woods Capital Investors LLC
Alpine Woods Capital Investors LLC has significantly reduced its stake in JPMorgan Chase & Co. ($JPM), one of the world's largest financial institutions, by 22.7% in the first quarter.
The firm now owns 37,365 shares of JPMorgan Chase & Co.'s stock after selling 10,999 shares during the period, making it about 2.6% of Alpine Woods Capital Investors LLC's investment portfolio.
This adjustment means that JPMorgan Chase & Co. is currently the 4th largest holding in Alpine Woods Capital Investors LLC's portfolio, with a value of $10,991,000 at the end of the most recent reporting period.