SkyOak Wealth LLC Expands Stake in JPMorgan Chase & Co.

3 min read | February 10, 2025 04:33 AM EST | By Team Kalkine Media

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SkyOak Wealth LLC Expands Stake in JPMorgan Chase & Co. — Image source: Shutterstock

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Highlights

SkyOak Wealth LLC increased its holdings in JPMorgan Chase & Co. by 4.8% during the fourth quarter.

The firm now owns 27,982 shares of JPMorgan Chase & Co., valued at $6,708,000.

JPMorgan Chase & Co. comprises 1.4% of SkyOak Wealth LLC's investment portfolio, making it the firm's 19th largest position.

SkyOak Wealth LLC's Enhanced Position in JPMorgan Chase & Co.

In the financial services sector, SkyOak Wealth LLC has expanded its stake in JPMorgan Chase & Co. (NYSE:JPM) by 4.8% during the fourth quarter. This increase involved acquiring an additional 1,283 shares, bringing their total to 27,982 shares. The valuation of this holding stands at $6,708,000, as per the latest disclosure with the Securities and Exchange Commission.

JPMorgan Chase & Co.'s Role in SkyOak Wealth LLC's Portfolio

JPMorgan Chase & Co. now represents 1.4% of SkyOak Wealth LLC's investment portfolio, ranking as the firm's 19th largest position. This adjustment reflects the firm's strategic allocation within the financial services sector.

Other Institutional Investors' Activities

Several other institutional investors have also adjusted their positions in JPMorgan Chase & Co.:

JPMorgan Chase & Co. itself increased its holdings by 7.7% in the third quarter, adding 319,730 shares to hold a total of 4,450,775 shares, valued at $938,491,000.
Sageworth Trust Co. boosted its holdings by 37.9% in the third quarter, acquiring an additional 786 shares to hold a total of 2,860 shares, valued at $603,000.
Kingsview Wealth Management LLC increased its stake by 2.5% during the third quarter, adding 2,839 shares to hold a total of 118,095 shares, worth $24,902,000.
Mirae Asset Global Investments Co. Ltd. expanded its stake by 16.0% during the third quarter, acquiring an additional 95,461 shares to hold a total of 692,809 shares, valued at $143,594,000.
Brighton Jones LLC increased its holdings by 11.0% in the fourth quarter, adding 4,841 shares to hold a total of 48,732 shares, worth $11,682,000.

Currently, 71.55% of JPMorgan Chase & Co.'s stock is owned by hedge funds and other institutional investors.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. operates as a financial holding company, offering a range of financial products and services to corporations, governments, financial institutions, and individuals globally. The company operates through several segments, including:

Consumer & Community Banking: Offers deposit and investment products, cash management, payment solutions, mortgage origination, and servicing.
Corporate & Investment Bank: Provides investment banking, market-making, prime brokerage, and treasury and securities products and services.
Commercial Banking: Delivers financial solutions, including lending, treasury services, investment banking, and asset management.
Asset & Wealth Management: Offers investment and wealth management services across various asset classes.

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