10.65227
Shares Owned
$1,228.89
Cost Basis
-$243.02 (-19.78%)
Total Gain/Loss
$13.62
Earned Dividends
Company Overview
JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. Its ranked by S&P Global as the largest bank in the United States and the sixth largest bank in the world by total assets with $2.687 trillion. As of 2019, the asset management arm of the bank has $2.988 trillion in assets under management, while its investment and corporate bank arm holds $25.45 trillion in assets under custody. At $45.0 billion in assets under management, the hedge fund unit of JPMorgan Chase is the third largest hedge fund in the world. – Wikipedia
Why J.P. Morgan Chase?
As the biggest bank in the world, J.P. Morgan Chase has had a profound impact on the financial industry. As a result, they have been able to retain more of their consumers wrapped up into their ecosystem through mortgage loans, checking/savings accounts, and various credit cards. With their consumer credit card segment bringing in a massive amount of income (11.5 billion as of September 2017), their profit potential is outmatched.
JPM is the biggest bank in the world and since its founding has had a profound impact on the financial industry. It’s credit cards are among the most wide spread and rewarding to consumers that enable the company to keep more customers within their system. JPM has a strong retention ability and is a leader in banking and investing services/advice.
Change Log
Dividend = $9.59
April 30, 2020
Invested = $202.18 ; Purchased = 2.0731 shares @ $97.53
March 10, 2020
Invested = $449.91 ; Purchased = 4.09791 shares @ $109.79
March 6, 2020
Dividend = $4.03
January 31, 2020
Invested = $276 ; Purchased = 1.97835 shares @ $139.51
January 2, 2020
Invested = $36.44 ; Purchased = 0.27719 shares @ $131.46
December 4, 2019
Invested = $13.80 ; Purchased = 0.10704 shares @ $128.92
November 15, 2019
Dividend = $1.73
October 31, 2019
Invested = $23 ; Purchased = 0.1925 shares @ $119.48
October 15, 2019
Invested = $227.56 ; Purchased = 1.92618 shares @ $118.14
September 23, 2019
*New Position Started*