Stocks
Janney Montgomery Boosts Stake in JPMorgan Chase
Janney Montgomery Scott LLC has increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 0.4% during the second quarter, according to a recent SEC filing.
The firm now owns approximately 1,785,762 shares of the financial services provider's stock, which makes up around 1.1% of its investment portfolio and ranks as its 11th biggest position.
JPMorgan Chase & Co.'s market capitalization stands at $952.19 billion, with a price-to-earnings ratio of 15.35, a beta of 0.98, and a current debt-to-equity ratio of 1.30.