Coppell Advisory Solutions LLC Invests $4.89 Million in JPMorgan Chase & Co.
Coppell Advisory Solutions LLC, a financial services firm, has made a significant investment in JPMorgan Chase & Co. (NYSE:JPM). According to its most recent Form 13F filing with the Securities and Exchange Commission, Coppell purchased 14,953 shares of JPMorgan's stock valued at approximately $4,895,000 during the second quarter.
This new position comprises about 0.9% of Coppell Advisory Solutions LLC's holdings, making it the company's 20th biggest investment in JPMorgan Chase & Co. Other institutional investors have also made similar investments in JPMorgan, with Concorde Asset Management LLC increasing its stake by 1.1%, and Flynn Zito Capital Management LLC growing its position by 1.1% during the same quarter.
JPMorgan Chase & Co. has reported a revenue increase of 27.7% compared to the same quarter last year, with the company earning $6.14 in EPS for the recent quarter, surpassing the consensus estimate of $5.59. The firm's revenue was up significantly from the previous year.