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Golden Reserve Retirement LLC Boosts Stake in JPMorgan Chase & Co.

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JPM
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Golden Reserve Retirement LLC increased its stake in JPMorgan Chase & Co. by 113.9% during the second quarter, according to a recent filing with the Securities and Exchange Commission. The fund now owns 6,656 shares of the financial services provider's stock, valued at $2,179,000.

The company accounts for about 0.3% of Golden Reserve Retirement LLC's portfolio, making JPMorgan Chase & Co. its 16th largest holding. Several other institutional investors and hedge funds have also bought into JPMorgan Chase & Co., including Timmons Wealth Management LLC, which purchased a new position in the company during the fourth quarter worth $27,000.

71.55% of JPMorgan Chase & Co.'s stock is currently owned by institutional investors and hedge funds. Insider activity has also been notable, with General Counsel Stacey Friedman selling 5,467 shares of JPMorgan Chase & Co. stock in a transaction dated Monday, June 22nd.

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