Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Stocks

Michigan Pension Fund Sells $224M Stake in JPMorgan Chase

Guavy AI Editorial Team
Instruments
JPM
Share

The State of Michigan Retirement System has significantly reduced its stake in JPMorgan Chase & Co. ($JPM) over the past quarter, selling 18,300 shares and decreasing its position by 2.6%. This move resulted in a decrease in the financial services provider's stock value for the pension fund from $224,559,000 to an unspecified amount.

JPMorgan Chase & Co. now makes up approximately 1% of the State of Michigan Retirement System's holdings, ranking as its 15th largest holding. This decision comes amidst a broader shift in market sentiment and potential changes in interest rates that could impact the financial sector.

More on Stocks

Stocks just now

Flputnam Sells 17,053 Shares of Procter & Gamble Company

Stocks just now

Amazon Sued by FTC Over Alleged Ad Auction Manipulation Scandal

Stocks 1m ago

FTC Sues Amazon Over Alleged Deceptive Advertising Practices

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy