Axxcess Wealth Management 13F: Cuts JPM Stake by $19M

Axxcess Wealth Management cut its stake in JPMorgan Chase & Co. JPM by 41.8% during the quarter, according to a Form 13F filing on October 21, 2026. The firm sold 57,078 shares, leaving it with 79,512 shares worth approximately $26.3 million.

JPM JPMorgan Chase & Co.

$335.19 ▲ +4.97% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Axxcess Wealth Management's JPMorgan Chase Position

The fund reduced its investment significantly, bringing its prior holding of 136,590 shares down to 79,512 shares. The reported value of the remaining shares stands at $26,305,121.

Other Institutional Activity in JPMorgan Chase

Other large investors adjusted their positions around the same time. Montrusco Bolton Investments cut its holdings by 289,405 shares to end with 635,233 shares worth about $210.2 million. First Citizens Bank & Trust grew its position by 21,441 shares, ending with 130,405 shares valued at about $45.0 million. Kmg Fiduciary Partners trimmed its stake by 2,913 shares to finish with 101,551 shares worth roughly $33.6 million. IFM Investors lifted its holdings by 13,040 shares to hold 615,692 shares valued at about $203.7 million. Meanwhile, Generate Investment Management completely exited its position by selling 64,643 shares.

JPMorgan Chase & Co. Stock Up 0.2%

JPMorgan Chase shares recently traded around $335.85 as of October 22, 2026, close to the $335.19 close recorded on the filing date. The stock sits about 3.1% below its 50-day moving average and about 4.1% above its 200-day moving average. Shares trade roughly 8.4% below their 52-week high of $366.50 and about 20.3% above their 52-week low of $279.10.

Recent Earnings

The banking giant reported $190.7 billion in trailing twelve-month revenue and earnings of $23.84 per share. The company posted a net profit margin of 34.6% and a return on equity of 18.0%. The next earnings report is scheduled for January 14, 2027.

Dividend

JPMorgan Chase pays an annual dividend of $6.60 per share, giving it a dividend yield of 1.97% with a payout ratio of 25.7%.

Insider Buying and Selling at JPMorgan Chase & Co.

Company insiders completed several transactions earlier in the year. General Counsel Stacey R. Friedman sold shares in May and June, while other officers executed sales in August and September.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. Truist Securities, Barclays, RBC Capital, Morgan Stanley, and Citigroup issued various hold and buy ratings with price targets ranging from $350.00 to $425.00.

About JPMorgan Chase & Co.

Headquartered in New York, JPMorgan Chase & Co. operates as a major bank and financial holding company. It provides consumer banking, commercial banking, and asset management services worldwide.

Bottom Line

Investors will watch for the bank's next earnings report on January 14, 2027, to gauge ongoing revenue trends. Institutional filings will continue to provide a window into how major wealth managers adjust their bank holdings.