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NFJ Investment Group Doubles Down on JPMorgan Stake

Guavy AI Editorial Team
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JPM
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NFJ Investment Group LLC significantly increased its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 57.6% in the second quarter, according to its latest Form 13F filing with the SEC.

The fund now owns 168,025 shares of JPMorgan's stock after buying an additional 61,442 shares during the quarter.

JPMorgan Chase & Co. comprises 1.9% of NFJ Investment Group LLC's investment portfolio, making it the company's 12th largest holding.

The value of NFJ Investment Group LLC's holdings in JPMorgan Chase & Co. was $55 million as of its most recent SEC filing.

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