Hennion & Walsh Asset Management Increases Stake in JPMorgan Chase

Hennion & Walsh Asset Management Inc., a financial services firm, increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 7.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.

The company purchased an additional 3,471 shares of JPMorgan Chase & Co.'s stock during this period, bringing its total holdings in the financial services provider to 47,171 shares worth approximately $15.44 million at the end of the quarter.

JPMorgan Chase & Co. stock opened at $357.44 on Friday with a market capitalization of $957.76 billion and a price-to-earnings ratio of 15.31.