11/14/2018, 10:34 PM (Source: TeleTrader)
more TeleTrader news

Buffett adds 35M shares of JPMorgan in Q3

Berkshire Hathaway Inc., the holding conglomerate of the billionaire investor Warren Buffett, has increased its stake in JPMorgan Chase and Co. in the third quarter of 2018 by 35 million shares, to amount to a $4 billion stake, the company's regulatory filings showed on Wednesday.

After closing 2.06% in the negative territory, the banking group's shares turned green in the afterhours trading, increasing by close to 1.5%.

Berkshire's stake in The Bank of America Corp. was 29% higher in the last quarter, the filings showed, with increasing stakes in U.S. Bancorp, Goldman Sachs, and Bank of New York Mellon as well.

Baha Breaking News (BBN) / NI