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Capital Advisors Inc. OK Purchases 6,479 Shares of JPMorgan Chase & Co. $JPM
Capital Advisors Inc. OK increased its stake in JPMorgan Chase & Co. by 1.2% in the fourth quarter, purchasing 6,479 shares to a total of 567,263 shares valued at $182.78 million, making it the fund’s 5th largest position. JPMorgan Chase recently reported strong quarterly earnings, beating EPS estimates and growing revenue by 7.1% year-over-year, and announced a $1.50 quarterly dividend. Despite some insider selling, institutional investors and hedge funds own a significant portion of the stock.