Fintel reports that on January 7, 2025, Truist Securities initiated coverage of JPMorgan Chase & Co. - Preferred Stock (NYSE:JPM.PRC) with a Hold recommendation.
What is the Fund Sentiment?
There are 23 funds or institutions reporting positions in JPMorgan Chase & Co. - Preferred Stock. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to JPM.PRC is 0.72%, an increase of 4.89%. Total shares owned by institutions increased in the last three months by 2.67% to 12,773K shares.
What are Other Shareholders Doing?
PFF - iShares Preferred and Income Securities ETF holds 5,805K shares. In its prior filing, the firm reported owning 5,650K shares , representing an increase of 2.67%. The firm decreased its portfolio allocation in JPM.PRC by 3.77% over the last quarter.
PGX - Invesco Preferred ETF holds 2,970K shares. In its prior filing, the firm reported owning 3,046K shares , representing a decrease of 2.58%. The firm decreased its portfolio allocation in JPM.PRC by 3.63% over the last quarter.
PFFD - Global X U.S. Preferred ETF holds 1,490K shares. In its prior filing, the firm reported owning 1,479K shares , representing an increase of 0.72%. The firm decreased its portfolio allocation in JPM.PRC by 1.49% over the last quarter.
PGF - Invesco Financial Preferred ETF holds 931K shares. In its prior filing, the firm reported owning 871K shares , representing an increase of 6.40%. The firm increased its portfolio allocation in JPM.PRC by 3.76% over the last quarter.
PFLD - AAM Low Duration Preferred and Income Securities ETF holds 433K shares. In its prior filing, the firm reported owning 351K shares , representing an increase of 18.87%. The firm decreased its portfolio allocation in JPM.PRC by 0.49% over the last quarter.
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