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JPMorgan Chase Loses Ground in Portfolio with Carnegie Investment

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Carnegie Investment Counsel reduced its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 10.9% during the second quarter, according to a recent disclosure with the SEC.

The fund owned 375,035 shares of the financial services provider's stock after selling 45,763 shares during the quarter.

JPMorgan Chase & Co. comprises 2.4% of Carnegie Investment Counsel's portfolio, making it the company's eighth biggest holding.

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