JPMorgan Chase & Co. (JPM) : Baystate Wealth Management reduced its stake in JPMorgan Chase & Co. by 0.75% during the most recent quarter end. The investment management company now holds a total of 3,843 shares of JPMorgan Chase & Co. which is valued at $235,422 after selling 29 shares in JPMorgan Chase & Co. , the firm said in a disclosure report filed with the SEC on Jul 1, 2016.JPMorgan Chase & Co. makes up approximately 0.05% of Baystate Wealth Management’s portfolio.
Other Hedge Funds, Including ,
JPMorgan Chase & Co. closed down -0.4 points or -0.65% at $61.26 with 1,42,17,796 shares getting traded on Friday. Post opening the session at $61.52, the shares hit an intraday low of $61.16 and an intraday high of $62.0115 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, JPMorgan Chase & Co. reported $1.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Apr 13, 2016. Analyst had a consensus of $1.26. The company had revenue of $23200.00 million for the quarter, compared to analysts expectations of $22874.02 million. The company’s revenue was down -3.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.45 EPS.
JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking financial services for consumers and small businesses commercial banking financial transaction processing and asset management. JPMorgan Chase’s activities are organized into four business segments. The Company’s Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through ATMs online mobile and telephone banking. The Corporate & Investment Bank comprising Banking and Markets & Investor Services offers investment banking market-making prime brokerage and treasury and securities products and services. The Commercial Banking (CB) segment delivers industry knowledge local expertise and service to the United States and the United States multinational clients. The Asset Management segment comprises investment and wealth management. The Company also operates a Corporate segment.