Mission Financial Group Acquires New Stake in JPMorgan Chase & Co.

Mission Financial Group LLC has acquired a new position in JPMorgan Chase & Co. (NYSE:JPM) shares, purchasing 2,975 of them in the second quarter for approximately $974,000.

The investment made up about 0.8% of Mission Financial Group's portfolio at the time and was its 29th largest position.

This is not the only institution to have increased their stake in JPMorgan Chase & Co. recently - LM Advisors LLC lifted its holdings by 237.7%, Davis Asset Management L.P. boosted its stake by 5.4%, and Kirtland Hills Capital Management LLC saw an 11.3% increase.

JPMorgan Chase & Co.'s share price currently stands at $348.92, with a market capitalization of $927.49 billion.