In its latest 13F filing for the third quarter, Country Trust Bank disclosed a sale of 9,340 JPMorgan Chase shares, trimming its position from 208,552 to 199,212 shares. This reduction brings JPMorgan Chase to approximately 1.4% of the bank’s total investment portfolio, ranking it as the institution’s 19th largest holding. The remaining stake carried a market value of $62.84 million at quarter end, reflecting Country Trust Bank’s strategic reallocation amid broader portfolio management objectives.

Meritage Portfolio Management reported an 8.7% reduction in its third-quarter JPMorgan holdings, selling 5,129 shares to bring its total to 53,824 shares. This stake, representing roughly 1.1% of Meritage’s assets under management, was valued at $16.98 million at the end of the period. The firm cited portfolio rebalancing efforts as the driver behind the divestiture, maintaining JPMorgan as its 12th largest equity position.

Corporate insiders at JPMorgan Chase have sold 15,834 shares over the last 90 days, valuing total transactions at $4.95 million. Chief Operating Officer Jennifer Piepszak led activity with the sale of 8,571 shares at an average price of $312.79 per share, marking a 10.8% reduction in her holdings. General Counsel Stacey Friedman followed with the disposition of 3,404 shares at $312.80, representing a 4.9% decrease. These sales reflect heightened executive liquidity following strong year-end financial results.