Why Some Investors Are Taking Profits on JPMorgan After Its Big Rally

South Carolina-based Apricus Wealth disclosed in a Securities and Exchange Commission filing on Tuesday that it sold 10,784 shares of JPMorgan Chase & Co.According to a Securities and Exchange Commission filing released on Tuesday, Apricus Wealth reduced its position in JPMorgan Chase & Co. (NYSE:JPM) by 10,784 shares during the third quarter. The estimated value of the shares sold was $3.2 million based on the average closing price for the quarter. The fund holds 3,313 JPM shares worth $1.05 million as of September 30.The fund’s remaining stake in J.P. Morgan represents 0.6% of its 13F reportable AUM as of September 30, which places it outside the fund's top five holdings.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool