Summit Global Cuts Stake in JPMorgan Chase
Summit Global Investments reduced its stake in JPMorgan Chase & Co. by selling 3,664 shares during the second quarter.
The firm owned 16,542 shares of the financial services provider's stock after the sale and held a total value of $5,415,000 as of the most recent filing with the SEC.
This move is part of a broader trend in the market, where several other institutional investors have also bought and sold JPMorgan Chase & Co. shares in recent quarters.