Stocks
JPMorgan Stake Cut by Palisade Capital
Palisade Capital Management LP reduced its stake in JPMorgan Chase & Co. by 8.2% during the second quarter, according to a recent filing with the Securities and Exchange Commission.
The firm owned 108,558 shares of the financial services provider's stock after selling 9,743 shares during the quarter. This accounts for about 1.5% of Palisade Capital Management LP's investment portfolio, making JPMorgan Chase & Co. its 9th biggest position.
The company's holdings in JPMorgan Chase & Co. were worth $35,534,000 at the end of the most recent reporting period.