Rose Capital Advisors LLC Invests Heavily in JPMorgan Chase & Co.
Rose Capital Advisors LLC purchased 3,234 shares of JPMorgan Chase & Co. (NYSE:JPM) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The firm's purchase valued at approximately $1,058,000 marks a new position for Rose Capital Advisors LLC in the financial services provider's stock.
This is not an isolated instance of investment in JPMorgan Chase & Co. by institutional investors. Concorde Asset Management LLC grew its stake in shares of JPMorgan Chase & Co. by 1.1% in the second quarter, while Elevation Wealth Management LLC raised its position in JPMorgan Chase & Co. by 1.0% during the same period.
The company's stock has seen significant investment and trading activity recently, with a total of 71.55% owned by institutional investors. On September 10th, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co.'s firm stock at an average price of $352.81.