JPMorgan Chase Sees Increased Investment from United Capital Financial Advisors

United Capital Financial Advisors LLC has increased its holdings in JPMorgan Chase & Co. stock by 0.8% in the second quarter, according to a recent disclosure with the Securities and Exchange Commission (SEC). The firm now owns approximately 373,822 shares of the financial services provider's stock after purchasing an additional 3,062 shares during the period.

The company's holdings in JPMorgan Chase & Co. are valued at $122,363,000 as of its most recent SEC filing. This represents about 0.7% of United Capital Financial Advisors LLC's investment portfolio, making the stock its 21st biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in JPMorgan Chase & Co. Balanced Rock Investment Advisors LLC increased its holdings by 13.6% in the second quarter, while Yukon Wealth Management Inc. purchased a new stake worth about $2,959,000.