JPMorgan Chase Sees Large Investor Changes Amid Insider Sale
POM Investment Strategies LLC has reduced its stock position in JPMorgan Chase & Co. (NYSE:JPM) by 97.5% in the second quarter, according to a recent Form 13F filing with the Securities and Exchange Commission.
The fund owned just 103 shares of JPMorgan's stock after selling 3,985 shares during the quarter, which were worth $34,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in JPMorgan Chase & Co., including Concorde Asset Management LLC, Elevation Wealth Management LLC, Arkansas Financial Group Inc., Flynn Zito Capital Management LLC, and Wedgewood Investors Inc. PA, all of which increased their holdings in the company during the second quarter.
In related news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock on September 10th at an average price of $352.81, resulting in a total transaction value of $882,025.