Krane Financial Solutions Buys into JPMorgan Chase
Krane Financial Solutions LLC has acquired a new stake in JPMorgan Chase & Co. (NYSE:JPM) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,983 shares of the financial services provider's stock, valued at approximately $1,172,000.
JPMorgan Chase & Co. comprises approximately 0.8% of Krane Financial Solutions LLC's holdings, making it its 19th biggest position.
This is not an isolated instance; several other institutional investors and hedge funds have also recently bought shares of JPM. For example, Brighton Jones LLC grew its position in JPMorgan Chase & Co. by 11.0% during the fourth quarter, while Acorns Advisers LLC lifted its holdings in JPMorgan Chase & Co. by 6.9% in the first quarter.