Union Bancaire Privee Buys $81 Million in JPMorgan Stock Ahead of Next Week’s Earnings

Union Bancaire Privee disclosed the purchase of 272,830 shares of JPMorgan Chase & Co. (NYSE:JPM) worth an estimated $81 million in the third quarter, according to its SEC filing for the period ended September 30.According to a filing with the Securities and Exchange Commission on Tuesday, Union Bancaire Privee increased its position in JPMorgan Chase & Co. by acquiring 272,830 additional shares in the third quarter. The estimated value of the purchase, calculated using the stock's average closing price for the quarter, is approximately $81.1 million. The fund now holds a total of 640,189 shares as of September 30.Buy activity brings the position to 2.7% of 13F AUM, making it the fund’s fifth-largest holding after the filing.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool