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Assetmark Boosts Stake in JPMorgan Chase & Co.

Guavy AI Editorial Team
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JPM
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Assetmark Inc., a financial services company, has increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 3.8% during the second quarter.

The fund now owns 853,617 shares of JPMorgan's stock, valued at $279,414,000, following an additional purchase of 31,214 shares.

This is not an isolated instance, as other large investors have also modified their holdings in JPMorgan Chase & Co. during the quarter.

Morgan Stanley grew its position by 1.4%, while Bank of America Corp DE boosted its stake by 15.8% and Norges Bank purchased a new stake worth approximately $11,396,496,000.

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