Jericho Financial LLP Boosts Stake in JPMorgan Chase & Co.
Jericho Financial LLP significantly increased its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 15% during the second quarter, according to a recent filing with the Securities and Exchange Commission.
The firm owned approximately 29,658 shares of JPMorgan's stock after purchasing an additional 3,863 shares during the period. This represents about 5% of Jericho Financial LLP's overall holdings, making JPMorgan Chase & Co. its third-largest holding.
As of the end of the quarter, Jericho Financial LLP's holdings in JPMorgan Chase & Co. were valued at $9,708,000.