Premier Fund Managers Boost Stake in JPMorgan Chase & Co.
Premier Fund Managers Ltd increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 11.4% during the second quarter, according to its most recent SEC filing. The fund bought an additional 4,680 shares of JPMorgan Chase & Co.'s stock and now owns a total of 45,621 shares.
The financial services provider's stock made up 1.4% of Premier Fund Managers Ltd's investment portfolio as of its most recent filing with the SEC. The fund's holdings in JPMorgan Chase & Co. were worth $15,032,000 as of the end of the quarter.
This is not an isolated instance of increased ownership in JPMorgan Chase & Co. Several other hedge funds have also made changes to their positions in the stock. Bellecapital International Ltd., for example, grew its position in JPMorgan Chase & Co. by 6.0% during the second quarter.