Stocks
JPMorgan Stake Cut by 92.4% Amid Wall Street Scrutiny
Torray Investment Partners LLC recently reduced its holdings in JPMorgan Chase & Co. by 92.4% in the second quarter, according to a Securities and Exchange Commission filing.
The institutional investor sold 35,900 shares of JPMorgan's stock during this period, leaving it with 2,959 shares worth $969,000 as of its most recent filing.
This is not an isolated case; other large investors have also made significant changes to their holdings in JPMorgan Chase & Co. recently.