Pzena Cuts JPM Stake Amid Broader Market Trends
Pzena Investment Management LLC has decreased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 0.9% during the second quarter, according to the company's most recent 13F filing with the Securities and Exchange Commission.
The fund owned 334,094 shares of the financial services provider's stock after selling 3,168 shares during the period. Pzena Investment Management LLC's holdings in JPMorgan Chase & Co. were worth $109,359,000 at the end of the most recent reporting period.