The fourth quarter saw a flurry of activity among investment firms adjusting their portfolios. Several notable moves involved major companies listed on the NYSE. Let's take a closer look at some key changes in holdings.
JPMorgan Chase & Co. (NYSE:JPM)
Processus Wealth & Capital Management LLC reduced its stake in JPMorgan Chase & Co. (NYSE:JPM) by 3.1% during the fourth quarter, according to a report by Holdings Channel.com. The fund sold 598 shares, bringing their total holdings down to 18,415 shares. Despite the sale, JPMorgan Chase still constitutes a significant 3.5% of Processus Wealth & Capital Management's portfolio.
Interestingly, TruNorth Capital Management LLC took a different approach. They increased their position in JPMorgan Chase by 22.1% during the same period. The fund acquired an additional 147 shares, bringing their total holdings to 812 shares, valued at $195,000. This suggests differing investment strategies and outlooks on the financial services giant.
Lear Co. (NYSE:LEA)
Mutual of America Capital Management LLC trimmed its holdings in Lear Co. (NYSE:LEA), an auto parts company, by 5.6% in the fourth quarter, reports Holdings Channel. The institutional investor sold 1,700 shares, leaving them with 28,706 shares. This reduction indicates a potential shift in their investment strategy regarding the automotive sector, or perhaps a reallocation of assets to other industries.
Sea Limited (NYSE:SE)
On the other hand, Private Trust Co. NA significantly boosted its investment in Sea Limited (NYSE:SE), an internet company based in Singapore. 
Holdings Channel reports that Private Trust Co. NA increased its holdings by a substantial 474.4% during the fourth quarter. This was achieved by purchasing an additional 204 shares, raising their total to 247 shares, with a total value of $26,000. This aggressive increase suggests a strong bullish outlook on Sea Limited's future prospects.
These diverse investment decisions highlight the dynamic nature of the market and the varied strategies employed by different financial institutions. As always, investors should conduct their own research and consult with financial advisors before making any investment decisions. Market trends are constantly evolving, and staying informed is crucial for making sound financial choices.
It's important to note that these are just a few examples of the many investment moves that occurred during the fourth quarter. Further analysis and monitoring of these trends are necessary to gain a more complete understanding of the market's overall direction.