Exchange Traded Concepts LLC Reduces Holdings in JPMorgan Chase & Co. $JPM

Key Points

• Exchange Traded Concepts LLC cut its JPMorgan stake by 11.7% in the second quarter, selling 8,324 shares and retaining 63,025 shares valued at approximately $20.6 million. Institutional investors collectively own 71.55% of JPMorgan’s stock.
• JPMorgan reported strong quarterly results, with EPS of $6.14 beating estimates of $5.59 and revenue of $58.02 billion exceeding the $50.72 billion consensus; revenue rose 27.7% year over year.
• JPM shares opened at $361.71, near their 52-week high of $366.50. Analysts maintain a “Moderate Buy” consensus, with an average price target of $359.96, while insiders have sold $4.35 million of stock over the past 90 days.

Exchange Traded Concepts LLC trimmed its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 11.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,025 shares of the financial services provider's stock after selling 8,324 shares during the quarter. Exchange Traded Concepts LLC's holdings in JPMorgan Chase & Co. were worth $20,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of JPM. Timmons Wealth Management LLC bought a new position in shares of JPMorgan Chase & Co. in the fourth quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of JPMorgan Chase & Co. in the fourth quarter worth $32,000. MBM Wealth Consultants LLC purchased a new position in shares of JPMorgan Chase & Co. in the first quarter worth $29,000. Osbon Capital Management LLC bought a new stake in JPMorgan Chase & Co. during the 4th quarter valued at $35,000. Finally, Turning Point Benefit Group Inc. bought a new stake in JPMorgan Chase & Co. during the 3rd quarter valued at $35,000. 71.55% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total transaction of $903,525.00. Following the sale, the insider owned 73,547 shares of the company's stock, valued at approximately $26,580,621.27. The trade was a 3.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of the business's stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the transaction, the general counsel owned 40,961 shares in the company, valued at $13,547,031.53. This represents a 11.78% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 13,435 shares of company stock valued at $4,353,502. Corporate insiders own 0.41% of the company's stock.

More JPMorgan Chase & Co. News

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: JPMorgan opened a two-story flagship on Chicago’s Magnificent Mile that combines everyday Chase banking with J.P. Morgan Private Client services. The bank plans more than 160 new branches and nearly 600 renovations in 2026, supporting deposit gathering, wealth management and cross-selling opportunities. JPMorganChase Opens New Two-Story Magnificent Mile Flagship
• Positive Sentiment: Analyst commentary continues to highlight JPM’s earnings growth and price strength. Wells Fargo said the bank could reach a $1 trillion market capitalization and potentially double that value within seven to eight years, reinforcing the premium investors place on CEO Jamie Dimon’s leadership. Jamie Dimon’s JPMorgan Could Hit $1 Trillion Market Cap
• Positive Sentiment: The bank has launched a program allowing institutional clients to use Bitcoin and Ethereum as collateral for dollar loans. Although substantial haircuts reduce risk, the initiative expands JPMorgan’s digital-asset and lending capabilities.
• Neutral Sentiment: JPMorgan affiliates reduced or exited substantial-holder positions in several Australian companies, including Flight Centre, Lotus Resources and Temple & Webster. These portfolio changes do not appear to materially affect JPM’s operating outlook.
• Neutral Sentiment: JPMorgan ended Polymarket’s banking relationship over regulatory concerns. The move may demonstrate tighter risk controls, but it also highlights compliance exposure in emerging financial markets. JPMorgan Cut Polymarket as Banking Client
• Negative Sentiment: JPMorgan’s warnings that geopolitical tensions, climate risks and possible food inflation could worsen by 2027 point to macroeconomic pressures that could hurt consumer finances, credit quality and investor sentiment.
• Negative Sentiment: Dimon’s lobbying against higher UK bank taxes underscores the risk of increased regulatory and fiscal costs for large financial institutions, although the issue is not specific to JPMorgan’s U.S. operations.

JPMorgan Chase & Co. Stock Performance

Shares of JPM stock opened at $361.71 on Tuesday. The stock has a fifty day moving average of $341.12 and a 200 day moving average of $315.99. JPMorgan Chase & Co. has a 52 week low of $279.10 and a 52 week high of $366.50. The firm has a market capitalization of $961.49 billion, a price-to-earnings ratio of 15.50, a PEG ratio of 1.49 and a beta of 0.99. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.59 by $0.55. The business had revenue of $58.02 billion for the quarter, compared to the consensus estimate of $50.72 billion. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The company's quarterly revenue was up 27.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.96 EPS. As a group, research analysts expect that JPMorgan Chase & Co. will post 24.28 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have weighed in on JPM. Bank of America raised their price target on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the stock a "buy" rating in a report on Thursday, July 16th. Truist Financial upped their price objective on shares of JPMorgan Chase & Co. from $344.00 to $352.00 and gave the company a "hold" rating in a research note on Wednesday, July 15th. Morgan Stanley reiterated a "positive" rating and set a $370.00 target price on shares of JPMorgan Chase & Co. in a report on Wednesday, July 15th. Citigroup increased their target price on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the stock a "neutral" rating in a report on Monday, July 20th. Finally, Weiss Ratings raised JPMorgan Chase & Co. from a "buy (b)" rating to a "buy (b+)" rating in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $359.96.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co NYSE: JPM is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm's principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

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