Mach 1 Financial Group Trims JPMorgan Stake by Nearly Half

Mach 1 Financial Group LLC, a financial services firm, recently made significant adjustments to its holdings in JPMorgan Chase & Co. (NYSE:JPM).

In its latest 13F filing with the Securities and Exchange Commission (SEC), Mach 1 Financial Group revealed that it reduced its JPMorgan Chase stake by 51.5% during the second quarter.

The fund now owns approximately 3,601 shares of JPMorgan Chase stock, valued at $1,179,000 as of the end of the most recent quarter.