B. Riley Wealth Advisors 13F: Adds $5.6M to JPM Stake

B. Riley Wealth Advisors recently boosted its position in JPMorgan Chase & Co. (NYSE: JPM) by 34.2%, according to its latest 13F filing with the SEC. The firm added 17,071 shares, bringing its total holdings to 66,961 shares, valued at approximately $22.15 million as of the reporting period.

What Changed in B. Riley Wealth Advisors' JPMorgan Chase Position

B. Riley Wealth Advisors increased its stake in JPMorgan Chase by 34.2%, raising its share count from 49,890 to 66,961. This addition of 17,071 shares demonstrates the firm's growing interest in the financial giant, with the position now valued at $22.15 million.

JPMorgan Chase & Co. Stock Up 0.9%

Shares of JPMorgan Chase & Co. traded around $349.67 recently. The company boasts a market capitalization of $935.8 billion and has a P/E ratio of 15.1. It exhibits a beta of 0.975, indicating moderate volatility relative to the market. Over the past year, the stock has ranged from a low of $279.10 to a high of $366.50, with a 50-day moving average of $353.51 and a 200-day moving average of $320.76.

Recent Earnings

JPMorgan Chase reported revenue of $186.33 billion, reflecting a growth rate of 30.4%. The company's net margin stands at 34.9%, with a return on equity of 17.8%. The next earnings release is scheduled for October 13, 2026.

Dividend

JPMorgan Chase offers an annual dividend rate of $6.60 per share, yielding 1.89%. The dividend payout ratio is 25.71%, which suggests a balanced approach to rewarding shareholders while retaining earnings for growth.

About JPMorgan Chase & Co.

JPMorgan Chase & Co., headquartered in New York, NY, is a leading global financial services firm. It operates through segments like Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. The company provides a wide range of services including deposit, investment, and lending products, as well as investment banking and asset management services. Led by CEO James Dimon, JPMorgan employs over 320,000 people worldwide.

Bottom Line

B. Riley Wealth Advisors' increased stake in JPMorgan Chase reflects the firm's confidence in the bank's performance and growth prospects. As a major player in the financial services sector, JPMorgan Chase's robust earnings and strategic positioning continue to attract institutional interest. Keep in mind, 13F filings are backward-looking and may not represent the latest positions.