Caitong Buys JPM Stake Valued at $941K

Caitong International Asset Management Co. Ltd has purchased a new stake in JPMorgan Chase & Co., acquiring 2,876 shares of the financial services provider's stock during the second quarter.

The firm bought the shares valued at approximately $941,000, according to its most recent Form 13F filing with the Securities & Exchange Commission.

This transaction is part of a larger trend of institutional investors buying into JPMorgan Chase & Co., with 71.55% of the stock currently owned by institutional investors.