Jones Financial Doubles Down on JPMorgan Chase Investment

Jones Financial Companies Lllp significantly increased its holdings in JPMorgan Chase & Co. (NYSE:JPM) by buying an additional 214,405 shares during the second quarter.

The fund now owns 2,180,764 shares of JPMorgan Chase & Co.'s stock after increasing its stake by 10.9% compared to the previous period.

This represents about $717 million worth of JPMorgan Chase & Co. stocks for Jones Financial Companies Lllp, accounting for approximately 0.08% of the company's outstanding shares.