Whittier Trust Cuts Stake in JPMorgan Chase

Whittier Trust Co. of Nevada Inc. has reduced its position in JPMorgan Chase & Co. stock by 0.9% during the second quarter, according to a recent disclosure with the Securities and Exchange Commission.

The company's holdings in JPMorgan Chase & Co. were valued at $110,421,000 at the end of the most recent reporting period, accounting for approximately 2.1% of Whittier Trust Co.'s investment portfolio, making it their 8th biggest position.

JPMorgan Chase & Co. reported a 27.7% increase in revenue for the quarter compared to the same period last year and beat analysts' estimates with $6.14 EPS, up from $5.59.