Stocks
JPMorgan Chase Stake Increases Amid Market Volatility
Virginia Retirement Systems and several other hedge funds have increased their stakes in JPMorgan Chase & Co. (NYSE:JPM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The fund acquired 390,538 shares of the financial services provider's stock, valued at approximately $127,835,000, making JPMorgan Chase & Co. comprise 0.8% of VIRGINIA RETIREMENT SYSTEMS ET Al's investment portfolio.
Other hedge funds have also raised their stakes in the company. Fidelis Capital Partners LLC increased its stake by 7.9%, E Fund Management Co. Ltd. boosted its position by 7.1%, and Edmond DE Rothschild Holding S.A. increased its holdings by 4.6%.