Nykredit A S Invests Heavily in JPMorgan Chase

Nykredit A S has made a significant investment in JPMorgan Chase & Co., acquiring a new position in shares valued at approximately $283,883,000. The institutional investor purchased 867,270 shares of the financial services provider's stock during the second quarter.

This represents about 0.9% of Nykredit A S's portfolio and makes JPMorgan Chase & Co. its 16th biggest position.

Bank of America Corp DE also increased its stake in JPMorgan Chase & Co., purchasing an additional 4,006,293 shares and lifting its position by 6.1% during the second quarter.