Wells Trecaso Financial Group LLC has significantly reduced its stake in JPMorgan Chase & Co. (NYSE:JPM) by 41.4%, now holding shares worth $11.85 million. Despite this reduction and some insider selling, JPMorgan Chase reported strong quarterly earnings of $5.23 EPS, exceeding expectations, and declared a $1.50 quarterly dividend. The company also faces ongoing litigation while aiming to boost efficiency through AI initiatives.
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Wells Trecaso Financial Group LLC Has $11.85 Million Stake in JPMorgan Chase & Co. $JPM
Wells Trecaso Financial Group LLC has significantly reduced its stake in JPMorgan Chase & Co. (NYSE:JPM) by 41.4%, now holding shares worth $11.85 million. Despite this reduction and some insider selling, JPMorgan Chase reported strong quarterly earnings of $5.23 EPS, exceeding expectations, and declared a $1.50 quarterly dividend. The company also faces ongoing litigation while aiming to boost efficiency through AI initiatives.