Pictet Asset Management Holding SA has increased its stake in JPMorgan Chase & Co. by 6.5% during the second quarter, according to a recent disclosure with the Securities and Exchange Commission.
The fund now owns 1,486,565 shares of JPMorgan's stock after purchasing an additional 90,373 shares. This represents about 0.06% of JPMorgan Chase & Co.'s outstanding shares, valued at approximately $486,598,000.
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