Large Outflow of Money Witnessed in J P Morgan Chase & Co

J P Morgan Chase & Co (JPM) : Money flow in the J P Morgan Chase & Co (JPM) stock was negative (85.76 million) on Tuesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $121.44 million, compared to $207.2 million on downticks. The total uptick to downtick ratio was 0.59, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($86.62 million), indicating selling on the strength. The transaction value during uptick in block trades was $7.77 million. Downtick transaction value in block trades amounted to $94.39 million, indicating persistent selling. The uptick to downtick ratio was 0.08. J P Morgan Chase & Co (JPM) traded $0.93 higher at $63.2 gaining 1.49% over the previous days close.


The company Insiders own 0.85% of J P Morgan Chase & Co shares according to the proxy statements. Institutional Investors own 74.63% of J P Morgan Chase & Co shares. During last six month period, the net percent change held by insiders has seen a change of -15.88%. In an insider trading activity, The Securities and Exchange Commission has divulged that Pinto Daniel E, officer (Managing Director) of Jpmorgan Chase & Co, had unloaded 28,837 shares at an average price of $62.38 in a transaction dated on April 14, 2016. The total value of the transaction was worth $1,798,852.

Shares of JPMorgan Chase & Co. appreciated by 6.13% during the last five trading days but lost 0.23% on a 4-week basis. JPMorgan Chase & Co. is up 7.44% in the last 3-month period. Year-to-Date the stock performance stands at -2.17%.

J P Morgan Chase & Co (NYSE:JPM): stock turned positive on Tuesday. Though the stock opened at $63.03, the bulls momentum made the stock top out at $63.56 level for the day. The stock recorded a low of $62.89 and closed the trading day at $63.2, in the green by 1.49%. The total traded volume for the day was 16,588,124. The stock had closed at $62.27 in the previous days trading.

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 Chases activities are organized into four business segments. The Companys 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.

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