Smith Group Asset Management LLC increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 7.8% in the second quarter, according to a recent SEC filing.
The institutional investor now owns approximately 2.0% of Smith Group's investment portfolio, making it the company's 22nd largest position.
The value of JPMorgan Chase & Co.'s shares held by Smith Group Asset Management LLC was $49,627,000 at the end of the quarter.
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