$1.53 Million Stake in JPMorgan Chase & Co. by Maxele Advisors LLC Amid Institutional Investor Buying Frenzy
Maxele Advisors LLC has invested $1.53 million in JPMorgan Chase & Co. ($JPM) through a new stake purchase.
The company bought 4,683 shares of JPMorgan's stock during the second quarter, accounting for 1.1% of Maxele Advisors' portfolio and ranking as its 15th largest position.
Maxele is not alone in investing in JPMorgan; several other institutional investors have also increased their stakes in the financial services provider recently.