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Manufacturers Life Cuts Stake in JPMorgan Chase

Guavy AI Editorial Team
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JPM
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The Manufacturers Life Insurance Company has decreased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 1.6% during the second quarter, according to a recent filing with the Securities and Exchange Commission.

The fund owned approximately 2.47 million shares of JPMorgan Chase & Co.'s stock after selling 40,705 shares during the period.

This reduction in stake is worth around $809.6 million at the end of the most recent quarter, which accounts for about 0.09% of JPMorgan Chase & Co.'s outstanding shares.

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