Oak Harvest Boosts Stake in JPMorgan Chase as Bank Sees Revenue Surge
Oak Harvest Investment Services increased its stake in JPMorgan Chase & Co. by 20% during the second quarter, according to a recent SEC filing.
The fund now owns approximately 101,694 shares of the financial services provider's stock, valued at $33.29 million and representing about 3.1% of Oak Harvest Investment Services' investment portfolio.
JPMorgan Chase & Co.'s Q2 Markets revenue surged 35%, driven by strong equities activity, while the bank raised its 2026 net interest income outlook to $105.5 billion, with loan and deposit growth expected to offset some pressure from interest rates.