Jpmorgan Chase Stock Price, News & Analysis

On August 11, 2022, J.P. Morgan (NYSE: JPM) finalized its acquisition of Global Shares, a cloud-based share plan management provider. This strategic move enhances J.P. Morgan's offerings in employee ownership solutions for global corporations. Global Shares boasts around 650 clients and manages nearly $200 billion in assets across over 800,000 employee participants. With a presence in multiple regions, this acquisition positions J.P. Morgan to leverage Global Shares' technology alongside its extensive financial services portfolio.

Techstars, in collaboration with J.P. Morgan, has launched its fourth Founder Catalyst Program in Oakland, CA, designed to support women and non-binary entrepreneurs. The program aims to assist 20 founders, particularly from the LGBT+ community, by offering mentorship, startup education, and access to a vast network of resources. Running from October to December 2022, it follows three successful cohorts that facilitated nearly 1,000 mentor connections and over $850,000 raised. Interested participants can apply until August 31, enhancing their entrepreneurial prospects.

J.P. Morgan Asset Management has launched the JPMorgan Active Growth ETF (JGRO), an actively managed ETF aiming to outperform the Russell 1000 Growth Index. With an expense ratio of 0.44%, JGRO combines J.P. Morgan's Large Cap Growth and Growth Advantage strategies to identify underappreciated growth companies. Managed by experienced professionals overseeing over $93 billion in assets, JGRO enhances J.P. Morgan's suite of ETFs to 45 products with a total of $81 billion in assets under management, positioning the firm among the top ten ETF issuers in the U.S.

Daniel Pinto, President and COO of JPMorgan Chase & Co. (NYSE: JPM), is scheduled to present at the Barclays Global Financial Services Conference on September 13, 2022, at 10:30 a.m. (Eastern) in New York City. A live audio webcast will be accessible at www.jpmorganchase.com under Investor Relations. As of June 30, 2022, JPMorgan Chase reported $3.8 trillion in assets and $286.1 billion in stockholders' equity, making it a leading financial services firm in the U.S. and globally.

JPMorgan Chase & Co. (NYSE: JPM) has filed its Quarterly Report on Form 10-Q for the quarter ending June 30, 2022, with the SEC. As of this date, the firm reported $3.8 trillion in assets and $286.1 billion in stockholders’ equity. JPMorgan Chase is a major player in investment banking, consumer financial services, commercial banking, and asset management, serving millions of customers in the U.S. and global markets. The report is accessible on the SEC's website and the firm's Investor Relations page.

J.P. Morgan Global Alternatives has appointed Andrew Carter as Head of Private Credit Secondaries and Tim Henn as Lead Portfolio Manager for Secondaries in the Private Equity Group. Both executives bring extensive experience in their respective fields and are expected to enhance the firm’s capabilities in private equity and private credit secondaries. With the increasing demand for secondaries strategies, these hires aim to bolster J.P. Morgan’s presence in the private market investment space, reflecting the firm's ongoing commitment to expanding its alternative asset management capabilities.

On August 1, 2022, J.P. Morgan Asset Management announced a $1 million commitment to support underserved students and single mothers through its Empower Community Development Fund. This initiative aligns with the firm's broader goal of addressing racial wealth gaps. Since its launch in February 2021, the Empower share class has surpassed $6 billion in assets under management and expanded its relationships with Minority Deposit Institutions. The firm continues to invest heavily in initiatives that foster economic opportunities in underserved communities.

J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) announced the effectiveness of its Form S-11 registration statement for an initial public offering (IPO). The IPO includes up to $4,000,000 in common stock across various classes and $1,000,000 for a distribution reinvestment plan. JPMREIT plans to invest primarily in stabilized income-generating properties, with a target portfolio of 75% such properties and 25% focused on refurbishment and development. Initial shares are priced at $10.00 each, with ongoing offerings based on net asset value.