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TCW Group Trims Stake in JPMorgan Chase to $155 Million

Guavy AI Editorial Team
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JPM
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TCW Group Inc., a prominent institutional investor, has reduced its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 2.1% during the second quarter, according to a recent SEC filing.

The company owned approximately 474,603 shares of JPMorgan Chase & Co.'s stock after selling 9,984 shares during the quarter, making up about 1.0% of its investment portfolio and ranking as its 19th largest position.

TCW Group Inc.'s holdings in JPMorgan Chase & Co. were valued at $155,352,000 at the end of the most recent quarter.

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