JPMorgan Shareholding Slaughter: Clear Point Advisors Inc. Cuts Stake by 99.1%

Clear Point Advisors Inc., an institutional investor, reduced its holdings in JPMorgan Chase & Co. by 99.1% in the second quarter, according to the company's latest Form 13F filing with the SEC.

The investor sold 145,120 shares during the quarter, leaving it with only 1,272 shares of the financial services provider's stock.

Clear Point Advisors Inc.'s holdings in JPMorgan Chase & Co. were worth $416,000 at the end of the most recent reporting period.