Varma Mutual Pension Insurance Co Boosts Stake in JPMorgan Chase & Co.

Varma Mutual Pension Insurance Co has increased its stake in JPMorgan Chase & Co. by acquiring an additional 10,900 shares during the second quarter. This move represents a 2.4% increase in their holdings and brings their total to 461,411 shares. The financial services provider's stock makes up 0.8% of Varma Mutual Pension Insurance Co's portfolio.

The value of JPMorgan Chase & Co.'s shares held by Varma Mutual Pension Insurance Co as of the most recent SEC filing was $151,034,000. Fidelis Capital Partners LLC and E Fund Management Co. Ltd. also raised their positions in JPMorgan Chase & Co. during the quarter, with Fidelis increasing its stake by 7.9% and E Fund Management Co. Ltd. boosting its position by 7.1%.

Hedge funds and other institutional investors own approximately 71.55% of JPMorgan Chase & Co.'s stock.