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Teacher Retirement System of Texas Purchases 89,896 Shares of JPMorgan Chase & Co. $JPM
The Teacher Retirement System of Texas increased its stake in JPMorgan Chase & Co. by 11.1%, purchasing an additional 89,896 shares to bring its total holdings to 900,668 shares valued at $290.21 million. This makes JPMorgan the fund’s 12th largest holding, representing 1.0% of its portfolio. The article also highlights JPMorgan’s strong Q4 earnings, substantial market cap, and “Moderate Buy” consensus rating from analysts, while noting recent insider stock sales and various institutional investment activities.