JPMorgan Chase Stake Cut by Daiichi Life Insurance
Daiichi Life Insurance Co. Ltd. reduced its stake in JPMorgan Chase & Co. (NYSE:JPM) by 7.7% during the second quarter, according to its latest 13F filing with the Securities and Exchange Commission.
The firm owned 141,609 shares of the financial services provider's stock after selling 11,866 shares during the period.
JPMorgan Chase & Co. makes up approximately 1.1% of Daiichi Life Insurance Co. Ltd.'s holdings, making it its 16th largest holding.
The company's holdings in JPMorgan Chase & Co. were worth $46,353,000 as of its most recent SEC filing.