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OCBC Boosts Stake in JPMorgan Chase

Guavy AI Editorial Team
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JPM
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OVERSEA CHINESE BANKING Corp Ltd has increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 19.6% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission.

The fund owned 55,774 shares of the financial services provider's stock after purchasing an additional 9,149 shares during the quarter. The investment is worth $18,261,000 at the end of the most recent quarter.

This represents one of several significant changes made by institutional investors in JPMorgan Chase & Co. recently. E Fund Management Co. Ltd., for example, boosted its stake in the company's stock by 7.1% during the same period.

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