Financial Architects INC Has Boosted Stake in Jpmorgan Chase & Co (JPM) as Shares Declined

September 8, 2018 - By Richard Slagle

JPMorgan Chase & Co. (NYSE:JPM) LogoInvestors sentiment decreased to 0.81 in 2018 Q1. Its down 0.07, from 0.88 in 2017Q4. It dropped, as 52 investors sold JPM shares while 843 reduced holdings. 132 funds opened positions while 596 raised stakes. 2.39 billion shares or 2.61% less from 2.46 billion shares in 2017Q4 were reported. Needelman Asset Incorporated holds 14,618 shares or 3.47% of its portfolio. The Pennsylvania-based Biondo Invest Ltd Company has invested 2.58% in JPMorgan Chase & Co. (NYSE:JPM). Bank & Trust Of Nova Scotia has 0.49% invested in JPMorgan Chase & Co. (NYSE:JPM) for 868,998 shares. Texas Yale accumulated 127,882 shares. Stewart West Indies Trading stated it has 9.79% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Gratry & Ltd Liability accumulated 0.55% or 3,609 shares. Moreover, Levin Capital Strategies LP has 2.56% invested in JPMorgan Chase & Co. (NYSE:JPM) for 1.28 million shares. 2,187 were accumulated by Alta Cap Management Limited Liability Com. Greenleaf invested 0.07% in JPMorgan Chase & Co. (NYSE:JPM). Livforsakringsbolaget Skandia Omsesidigt owns 219,192 shares for 0.08% of their portfolio. Goelzer Invest Mgmt Inc holds 42,538 shares or 0.56% of its portfolio. Beese Fulmer Inv Mgmt Incorporated holds 59,103 shares. Vanguard Inc stated it has 254.48 million shares. First City Management Inc has 1.48% invested in JPMorgan Chase & Co. (NYSE:JPM). Profund holds 206,102 shares.

Since April 16, 2018, it had 2 buys, and 1 insider sale for $14,319 activity. HOBSON MELLODY L also bought $2.00 million worth of JPMorgan Chase & Co. (NYSE:JPM) shares. Shares for $3.50M were sold by Smith Gordon.

Financial Architects Inc increased its stake in Jpmorgan Chase & Co (JPM) by 4422.14% based on its latest 2018Q1 regulatory filing with the SEC. Financial Architects Inc bought 154,775 shares as the company’s stock declined 6.83% with the market. The institutional investor held 158,275 shares of the major banks company at the end of 2018Q1, valued at $17.41 million, up from 3,500 at the end of the previous reported quarter. Financial Architects Inc who had been investing in Jpmorgan Chase & Co for a number of months, seems to be bullish on the $384.16 billion market cap company. The stock increased 0.19% or $0.22 during the last trading session, reaching $114.32. About 10.96 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 29.65% since September 8, 2017 and is uptrending. It has outperformed by 17.08% the S&P500.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Bizjournals.com which released: “Transit, tech, good schools key for cities like Orlando, says JPMorgan Chase’s chief economist” on September 05, 2018, also Seekingalpha.com with their article: “JPMorgan: Negatives Outweigh The Positive” published on August 17, 2018, Nasdaq.com published: “4 Best Stocks to Invest In Right Now” on September 06, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Seekingalpha.com and their article: “Buy United Parcel Service – Cramer’s Lightning Round (9/6/18)” published on September 07, 2018 as well as Investorplace.com‘s news article titled: “What We Know About the Amazon-JPM-Berkshire Healthcare Alliance” with publication date: September 06, 2018.

JPMorgan Chase & Co. (NYSE:JPM) Ratings Coverage

Among 7 analysts covering JPMorgan Chase (NYSE:JPM), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. JPMorgan Chase had 9 analyst reports since March 19, 2018 according to SRatingsIntel. As per Monday, April 30, the company rating was maintained by Morgan Stanley. The firm has “Hold” rating by Nomura given on Friday, April 13. As per Thursday, April 12, the company rating was upgraded by Credit Suisse. Jefferies maintained the shares of JPM in report on Sunday, April 15 with “Buy” rating. BMO Capital Markets maintained it with “Hold” rating and $11000 target in Friday, April 13 report. On Thursday, July 19 the stock rating was upgraded by DZ Bank to “Buy”. The stock has “Outperform” rating by Credit Suisse on Monday, March 19. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Market Perform” rating given on Monday, July 16 by BMO Capital Markets.

JPMorgan Chase & Co. (NYSE:JPM) Institutional Positions Chart

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