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Washington Capital Boosts Stake in JPMorgan Chase

Guavy AI Editorial Team
Instruments
JPM
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Washington Capital Management Inc., a financial firm, increased its holding in JPMorgan Chase & Co. (NYSE:JPM) by 153.9% in the second quarter. The company now owns approximately 1.9% of Washington Capital's holdings, making it their seventh largest position.

The value of the shares is $2,946,000 as per the most recent SEC filing. This significant investment reflects the firm's confidence in JPMorgan Chase & Co.'s growth prospects and financial performance.

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