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Connors Investor Services Has Lifted Jpmorgan Chase (JPM) Position; Adverum Biotechnologies (ADVM) Shorts Increased By 18.96%

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Adverum Biotechnologies Inc (NASDAQ:ADVM) had an increase of 18.96% in short interest. ADVM’s SI was 2.22 million shares in June as released by FINRA. Its up 18.96% from 1.87 million shares previously. With 936,000 avg volume, 2 days are for Adverum Biotechnologies Inc (NASDAQ:ADVM)’s short sellers to cover ADVM’s short positions. The SI to Adverum Biotechnologies Inc’s float is 9.11%. The stock increased 1.80% or $0.1 during the last trading session, reaching $5.65. About 249,013 shares traded. Adverum Biotechnologies, Inc. (NASDAQ:ADVM) has risen 132.08% since June 18, 2017 and is uptrending. It has outperformed by 119.51% the S&P500. Some Historical ADVM News: ; 09/05/2018 – Adverum Biotechnologies 1Q Loss/Shr 30c; 10/05/2018 – Adverum Bio Presenting at Conference May 17; 15/05/2018 – MANGROVE CAPITAL EXITED SXC, FOX, ADVM, WLBA IN 1Q: 13F; 03/05/2018 – ADVERUM BIOTECHNOLOGIES – LEONE PATTERSON, SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, APPOINTED INTERIM CHIEF EXECUTIVE OFFICER OF ADVERUM; 03/05/2018 – ADVERUM BIOTECHNOLOGIES INC ADVM.O – BOARD OF DIRECTORS IS INITIATING A SEARCH PROCESS TO RECRUIT A NEW PRESIDENT AND CHIEF EXECUTIVE OFFICER; 03/05/2018 – Adverum Biotechnologies: Financial Chief Leone Patterson Named Interim CEO; 01/05/2018 – ADVM: PRECLINICAL DATA ON ADVM-022 GENE THERAPY IN WET AMD; 15/05/2018 – Rock Springs Capital Management Buys 1.4% of Adverum Bio; 03/05/2018 – Adverum Biotechnologies Amber Salzman to Step Down as CEO; 01/05/2018 – Adverum Bio Presenting at ASGCT Meeting May 17

Connors Investor Services Inc increased Jpmorgan Chase (JPM) stake by 4.85% reported in 2018Q1 SEC filing. Connors Investor Services Inc acquired 6,121 shares as Jpmorgan Chase (JPM)’s stock declined 6.83%. The Connors Investor Services Inc holds 132,239 shares with $14.54M value, up from 126,118 last quarter. Jpmorgan Chase now has $367.72 billion valuation. The stock increased 0.11% or $0.11 during the last trading session, reaching $108.01. About 4.71M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 29.65% since June 18, 2017 and is uptrending. It has outperformed by 17.08% the S&P500. Some Historical JPM News: ; 12/03/2018 – Caterpillar to Participate in J.P. Morgan Conference on March 14; Webcast Available; 14/05/2018 – NCR Presenting at JPMorgan Conference Tomorrow; 03/04/2018 – JPMORGAN IS SAID TO TARGET $250 MILLION FOR SPECIAL SITUATIONS; 19/03/2018 – Tengler’s top picks include Cisco, Oracle, J.P. Morgan and FedEx; 15/03/2018 – JPMorgan Moves Closer to Urging a Rotation Away From Equities; 13/04/2018 – JPMORGAN CFO LAKE SPEAKS ON CONFERENCE CALL WITH MEDIA; 07/03/2018 – JPMORGAN’S DRYDEN: OVERWEIGHT EQUITIES DESPITE TARIFF THREAT; 16/05/2018 – BHP BILLITON PLC BLT.L : JP MORGAN RAISES TARGET PRICE TO 1650P FROM1640P; 05/04/2018 – A strategist at J.P. Morgan Private Bank sees positive news ahead for equity investors, despite growing fears in the investment community that major indexes may have topped out; 05/03/2018 – JPMorgan Slashes iPhone X-Shipment Estimates — Barron’s Blog

More important recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Seekingalpha.com which released: “What’s Going On With JPMorgan?” on June 17, 2018, also Thestreet.com published article titled: “5 Reasons Why JPMorgan Will Be a Monster Trade”, Seekingalpha.com published: “JPMorgan (JPM) Management Presents at Morgan Stanley Financials Conference (Transcript)” on June 13, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) was released by: Benzinga.com and their article: “A Concerning Weakness In Bank Stocks” with publication date: June 16, 2018.

Investors sentiment decreased to 0.81 in Q1 2018. Its down 0.07, from 0.88 in 2017Q4. It is negative, as 52 investors sold JPM shares while 843 reduced holdings. 132 funds opened positions while 596 raised stakes. 2.39 billion shares or 2.61% less from 2.46 billion shares in 2017Q4 were reported. Mason Street Limited Liability Corporation has 478,064 shares for 1.24% of their portfolio. 344,850 are held by Norinchukin Savings Bank The. Indiana Inv Mngmt stated it has 40,174 shares or 2.05% of all its holdings. Timber Hill stated it has 1.21% in JPMorgan Chase & Co. (NYSE:JPM). Jackson Wealth Management Lc accumulated 16,711 shares. Greenhaven Associate holds 11.54% or 6.67M shares. Berson & Corrado Investment Advisors Ltd Llc has invested 0.13% in JPMorgan Chase & Co. (NYSE:JPM). Bangor Savings Bank has invested 0.78% in JPMorgan Chase & Co. (NYSE:JPM). Avalon Advsr Limited Liability holds 360,726 shares or 1.2% of its portfolio. Janney Cap Management Ltd Liability invested 0.97% in JPMorgan Chase & Co. (NYSE:JPM). The Missouri-based Ent Service has invested 1.1% in JPMorgan Chase & Co. (NYSE:JPM). Moreover, Edgewood Limited Liability Company has 0% invested in JPMorgan Chase & Co. (NYSE:JPM) for 6,159 shares. Old Mutual Glob Invsts (Uk) Limited owns 279,896 shares or 0.25% of their US portfolio. Mufg Americas Holdings accumulated 640,379 shares. Atlas Browninc reported 0.47% stake.

Among 34 analysts covering JPMorgan Chase & Co (NYSE:JPM), 18 have Buy rating, 2 Sell and 14 Hold. Therefore 53% are positive. JPMorgan Chase & Co had 120 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Wednesday, February 24 by Jefferies. The firm has “Hold” rating by BMO Capital Markets given on Thursday, June 1. Robert W. Baird maintained it with “Hold” rating and $92.0 target in Wednesday, November 15 report. The rating was downgraded by Societe Generale to “Hold” on Tuesday, January 9. The firm has “Buy” rating given on Friday, January 15 by Argus Research. The company was maintained on Friday, April 13 by Nomura. The company was maintained on Tuesday, January 3 by Barclays Capital. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, June 6 report. The rating was downgraded by Vetr on Friday, August 28 to “Strong-Buy”. Deutsche Bank maintained the shares of JPM in report on Wednesday, August 12 with “Buy” rating.

Since January 13, 2018, it had 3 insider purchases, and 8 sales for $18.63 million activity. On Saturday, January 13 the insider Erdoes Mary E. sold $7.31 million. 26,532 JPMorgan Chase & Co. (NYSE:JPM) shares with value of $3.01 million were sold by Scher Peter. Giles Nicole sold $425,399 worth of stock. On Tuesday, January 16 CROWN JAMES S bought $825,327 worth of JPMorgan Chase & Co. (NYSE:JPM) or 7,280 shares. 9,194 shares valued at $1.03M were sold by Lake Marianne on Saturday, January 13. 17,729 shares valued at $1.99 million were sold by Friedman Stacey on Saturday, January 13. Shares for $1.49M were bought by Combs Todd A..

Connors Investor Services Inc decreased Bofi Holding Inc (NASDAQ:BOFI) stake by 37,425 shares to 97,531 valued at $3.95M in 2018Q1. It also reduced Lowes (NYSE:LOW) stake by 5,905 shares and now owns 67,091 shares. Spdr S & P 500 Index (SPY) was reduced too.

JPMorgan Chase & Co. (NYSE:JPM) Institutional Positions Chart

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