JPMorgan Stake Shrinks 14.6% Amid Institutional Shifts

Forum Financial Management LP trimmed its stake in JPMorgan Chase & Co. (NYSE:JPM) by 14.6% during Q2, selling 6,003 shares to reduce its position from 35,013 to 29,010 shares.

The investment firm's holdings in the financial services provider were worth approximately $11.46 million at the end of the most recent reporting period, accounting for about 0.1% of Forum Financial Management LP's portfolio.

Among other institutional investors and hedge funds, Bank of America Corp DE increased its position in JPMorgan Chase & Co. by 15.8% during Q1, buying an additional 8,941,351 shares to bring its total holdings to 65,660,460.