JPMorgan Stake Sold by HighTower Advisors

HighTower Advisors LLC, a major institutional investor, has reduced its stake in JPMorgan Chase & Co. (NYSE:JPM) by selling 36,007 shares in the second quarter.

The firm now owns 2,626,400 shares of JPM's stock, which accounts for approximately 0.8% of its investment portfolio and makes it the bank's 25th largest holding.

HighTower Advisors LLC held around 0.10% of JPMorgan Chase & Co.'s outstanding shares worth approximately $859,700,000 as of the end of the most recent reporting period.