Osmosis Investment Management Sells Nearly 87,000 JPMorgan Chase Shares
Osmosis Investment Management UK Ltd, a financial services provider, has reduced its stake in JPMorgan Chase & Co. by 49.6% in the second quarter.
The firm sold 86,895 shares of JPMorgan's stock during this period and now owns approximately 1.3% of Osmosis' investment portfolio, making it the company's 12th biggest holding.
JPMorgan Chase & Co.'s market value is around $927 billion, with a price-to-earnings ratio of 14.95 and a beta of 0.98.