State Street Corp Boosts Holdings in JPMorgan Chase & Co.

State Street Corp boosted its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 0.8% in the second quarter, according to a recent disclosure with the SEC.

The institutional investor owned 125,209,293 shares of the financial services provider's stock after buying an additional 932,632 shares during the quarter. JPMorgan Chase & Co. comprises 0.8% of State Street Corp's holdings, making it its 19th biggest position.

JPMorgan Chase & Co. has a market capitalization of $882.99 billion and a price-to-earnings ratio of 14.23. The company reported $6.14 earnings per share for the quarter, topping the consensus estimate of $5.59 by $0.55.