RWQ Cuts Stake in JPMorgan Chase & Co.
RWQ Financial Management Services Inc., an institutional investor, recently disclosed that it reduced its holdings in JPMorgan Chase & Co. (NYSE:JPM) by selling 5,815 shares during the second quarter.
This move represents a decrease of 19.0% in RWQ's stake in JPMorgan Chase & Co., with the company now owning 24,813 shares of the financial services provider's stock after the sale.
The value of RWQ Financial Management Services Inc.'s holdings in JPMorgan Chase & Co. was approximately $8,122,000 as per its most recent SEC filing, which accounts for about 3.9% of its portfolio.