JPMorgan Chase Sees Significant Increase in Institutional Ownership
Financial services provider JPMorgan Chase & Co. has seen its stock ownership increase by 7.8% in the second quarter, according to a recent filing with the Securities and Exchange Commission.
The Wellington Management Group LLP acquired an additional 298,163 shares during the quarter, bringing their total ownership to 4,123,891 shares of JPMorgan Chase & Co.'s stock.
This represents a significant increase in the company's institutional investor base, with Wellington Management Group now owning 0.16% of JPMorgan Chase & Co. worth $1,349,873,000 as of its most recent filing.