Florida Trust Increases Stake in JPMorgan Chase & Co.
Florida Trust Wealth Management Co increased its stake in JPMorgan Chase & Co. by 1.3% in the second quarter, according to a recent filing with the Securities and Exchange Commission.
The firm acquired an additional 3,424 shares of JPMorgan Chase & Co.'s stock during the period, bringing its total holdings to 261,453 shares.
As of the end of the most recent reporting period, Florida Trust Wealth Management Co's holdings in JPMorgan Chase & Co. were worth $85,581,000, making it approximately 2.1% of the company's holdings.
This is not an isolated instance; several other hedge funds and institutional investors have also modified their holdings of JPMorgan Chase & Co. recently.