Quantum Financial Partners Takes $1.70 Million Stake in JPMorgan Chase
Quantum Financial Partners LLC, a financial services company, has acquired a new stake in JPMorgan Chase & Co. (NYSE:JPM) worth $1.70 million. According to its most recent disclosure with the Securities & Exchange Commission, the firm purchased 5,194 shares of JPM's stock, which represents about 0.9% of Quantum Financial Partners LLC's holdings.
JPMorgan Chase & Co. is a leading financial services provider, and this new stake in the company makes it one of the largest positions for Quantum Financial Partners LLC, ranking as its 27th biggest holding.
Other hedge funds have also recently bought or sold shares of JPMorgan Chase & Co., with Morgan Stanley increasing its stake by 1.4% during the fourth quarter and Bank of America Corp DE boosting its holdings by 15.8% in the first quarter.