Country Trust Bank trimmed its position in JPMorgan Chase & Co. by 4.5% during the third quarter, selling 9,340 shares to end the period with 199,212 shares. The remaining stake represented approximately 1.4% of the bank’s overall portfolio and ranked as its 19th largest holding. At the time of the filing, the position was valued at $62.84 million according to the latest SEC disclosure.

Several other institutional investors also adjusted their JPMorgan Chase holdings in recent quarters. Creative Planning increased its stake by 2.2%, acquiring 29,844 additional shares to hold 1,364,887 shares valued at $395.70 million. Aviva PLC added 126,742 shares for a 6.0% gain, bringing its total to 2,232,458 shares worth $647.21 million. Triangle Securities Wealth Management grew its position by 14.1%, buying 3,191 shares to reach 25,822 shares valued at $8.15 million. Kelman Lazarov Inc. and Gladwyn Financial Advisors Inc. also boosted or initiated small positions, while overall hedge fund and institutional ownership of JPMorgan Chase stock stands at 71.55%.

In its latest quarterly report, JPMorgan Chase delivered earnings per share of $5.23, surpassing consensus estimates by $0.30 and up from $4.81 in the prior-year quarter. Revenue rose 7.1% year-over-year to $46.77 billion, ahead of the $45.98 billion forecast. The firm reported a 17.16% return on equity and a net margin of 20.35%. The board declared a quarterly dividend of $1.50 per share, implying an annualized payout of $6.00 and a 2.0% yield, with a payout ratio of 29.99%.