JPMorgan Chase & Co Reduces Stake in Mohawk Industries
JPMorgan Chase & Co has filed an amendment to its Schedule 13G, reporting a reduction in its stake in Mohawk Industries, Inc. As of September 30, 2025, JPMorgan Chase & Co holds 2,427,971 shares, representing a 3.9% ownership in the company. This marks a decrease of 1,084,001 shares, or 30.87%, from its previous holdings. The total value of the shares held is approximately $275.9 million, reflecting a 25.06% decrease. JPMorgan Chase & Co has indicated that the shares were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer. The filing also lists several subsidiaries involved in the ownership, including J.P. Morgan Trust Company of Delaware and JPMorgan Asset Management (UK) Limited.