Stocks
JPMorgan Stake Boosted by Erste Asset Management to Over $205 Million
Erste Asset Management GmbH has increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 74.3% in the second quarter, according to a recent SEC filing.
The institutional investor now owns approximately 1.6% of Erste's holdings, making JPMorgan Chase & Co. its eleventh biggest position, with a total value of $205,522,000.
Erste Asset Management GmbH acquired an additional 266,757 shares during the period, bringing its total to 625,637 shares in the financial services provider's stock.