Montchanin Asset Management Invests Heavily in JPMorgan Chase & Co.
Montchanin Asset Management LLC made a significant investment in JPMorgan Chase & Co. (NYSE:JPM) in the first quarter of this year, according to its most recent filing with the SEC.
The company purchased 22,947 shares of JPMorgan's stock, valued at approximately $6,750,000.
These shares make up about 6.9% of Montchanin Asset Management LLC's portfolio, making them the firm's 4th biggest position in JPMorgan Chase & Co.