Jones Financial increases JPMorgan stake by 10.9% to $717.4M position

Jones Financial boosted its Q2 position in JPMorgan by roughly 11%, ending the quarter with just over 2.18 million shares valued at about $717.4 million.

In this brief: 2 sections 1 min read

- Increased JPMorgan position by 10.9% during the second quarter
- Additional shares acquired: 214,405
- Total holdings after the purchase: 2,180,764 shares valued at ~$717,374,000
- Jones Financial’s stake represented about 0.08% of JPMorgan per the filing
- MarketBeat flagged the holding as one of several institutional changes disclosed in Q2
- Institutional ownership of JPM overall reported at 71.55%

Read full analysis on marketbeat.com

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