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Pallas Capital Advisors Boosts Stake in JPMorgan Chase & Co.

Guavy AI Editorial Team
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JPM
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Pallas Capital Advisors LLC increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 4.6% during Q2, according to its latest SEC filing. The company owned 94,790 shares of the financial services provider's stock after purchasing an additional 4,197 shares.

The institutional investor's holdings in JPMorgan Chase & Co. were valued at $31,028,000 as of its most recent SEC filing. This represents 1.0% of Pallas Capital Advisors LLC's investment portfolio, making the stock its 20th largest position.

JPMorgan Chase & Co. has a market cap of $948.37 billion and a P/E ratio of 15.29. The company reported earnings per share (EPS) of $6.14 for Q2, beating analysts' consensus estimates by $0.55.

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