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Saudi Central Bank Boosts Stake in JPMorgan Chase & Co.

Guavy AI Editorial Team
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JPM
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Saudi Central Bank's holdings in JPMorgan Chase & Co. increased by 86.9% in the second quarter, making the stock its 26th biggest holding.

The Saudi Central Bank now owns 187,756 shares of JPMorgan Chase & Co.'s stock, which are valued at $61,458,000.

This is not an isolated instance, as other hedge funds have also increased their stakes in the bank. Norges Bank acquired a new position in JPMorgan Chase & Co. worth approximately $11,396,496,000 in the fourth quarter.

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