Simmons Bank Boosts Stake in JPMorgan Chase
Simmons Bank has increased its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 8.8% during the 2nd quarter, according to a recent disclosure with the Securities and Exchange Commission (SEC). The fund now owns 68,402 shares after purchasing an additional 5,553 shares during the quarter.
JPMorgan Chase & Co. accounts for about 1.3% of Simmons Bank's investment portfolio, making it the company's 17th largest holding. Simmons Bank's holdings in JPMorgan Chase & Co. were worth $22,390,000 at the end of the most recent quarter.
In addition to Simmons Bank, other hedge funds have also recently added to or reduced their stakes in JPMorgan Chase & Co. This includes Timmons Wealth Management LLC, Caitong International Asset Management Co. Ltd, MBM Wealth Consultants LLC, Aventus Investment Advisors Inc., and Osbon Capital Management LLC.