Manufacturers Life Insurance Company Trims Stake in JPMorgan Chase
The Manufacturers Life Insurance Company has sold 40,705 shares of JPMorgan Chase & Co. ($JPM), reducing its stake in the financial services provider by 1.6% in the second quarter.
This move was reported through a 13F filing with the Securities and Exchange Commission (SEC) on behalf of The Manufacturers Life Insurance Company, which owns approximately 0.09% of JPMorgan Chase & Co.'s shares worth $809,644,000 as of its most recent SEC filing.
JPMorgan Chase & Co. accounts for around 0.6% of The Manufacturers Life Insurance Company's portfolio, making it the company's 28th largest position.