Mirae Asset Securities (Usa) 13F: Exits JPM Stake

Mirae Asset Securities has exited its investment in JPMorgan Chase & Co. JPM, selling all 25,083 shares it held before the reporting period. The complete sale was revealed in the fund's Form 13F filing with the SEC on October 15, 2026. Because 13F filings look backward at holdings from the close of a previous quarter, this disclosure captures the fund's portfolio choices at that time and may not reflect its current setup.

What Changed in Mirae Asset Securities's JPMorgan Chase & Co. Position

The fund completely closed out its stake, selling its entire holding of 25,083 shares. This reduction brought the share count down to zero, marking a total exit from the banking firm. Because 13F reports only show historical quarterly snapshots, the filing does not indicate when during the period the fund made the sale.

Other Institutional Activity in JPMorgan Chase & Co.

Other large money managers also tweaked their holdings around the same reporting window. Blackrock Inc. reduced its holdings by 1,936,512 shares, ending with 206,290,537 shares worth about $70,081,021,481. Vanguard Capital Management LLC cut its stake by 3,685,556 shares, finishing with 161,586,023 shares valued at roughly $54,894,003,930. State Street Corporation grew its position by 932,079 shares, bringing its total to 125,209,293 shares worth about $42,536,101,170. Bank of America Corporation grew its position by 4,005,346 shares, bringing its total to 69,666,753 shares valued at about $23,667,189,414. Morgan Stanley trimmed its investment by 1,453,167 shares, leaving it with 67,092,426 shares worth around $22,792,639,042.

JPMorgan Chase & Co. Stock Up 1.1%

JPMorgan shares recently traded around $338.95 as of October 16, 2026. The stock sits below its 50-day moving average of $348.45, yet it remains above its 200-day moving average of $322.29. Over the past year, the bank's stock has moved between a 52-week low of $279.10 and a 52-week high of $366.50.

Recent Earnings

JPMorgan Chase reported trailing twelve-month revenue of $190,732,992,512 alongside earnings of $23.84 per share. The company operates with a net profit margin of 34.6% and delivered a return on equity of 18.0%. The bank's next earnings report is scheduled for release on January 14, 2027.

Dividend

The bank pays an annualized dividend supported by a payout ratio of 25.7% and a dividend yield of 1.97%.

Insider Buying and Selling at JPMorgan Chase & Co.

Company insiders executed several stock sales in recent months. General Counsel Stacey R. Friedman sold 5,468 shares on May 20, 2026, at an average price of $300.27 for a total value of $1,641,856. Friedman later sold 5,467 shares on June 22, 2026, at an average price of $330.73, realizing $1,808,121. Officer Robin Leopold sold 2,500 shares on August 11, 2026, at an average price of $361.41 for a total of $903,518. Leopold also sold 2,500 shares on September 10, 2026, at an average price of $352.81, totaling $882,026.

Analysts Set New Price Targets

Wall Street firms updated their outlooks on the bank ahead of the filing. On October 14, 2026, Truist Securities maintained its Hold rating with a price target of $361.00. On the same day, Barclays kept its Overweight rating and lifted its target to $425.00. RBC Capital reiterated an Outperform rating with a $370.00 target on October 14, 2026. Morgan Stanley maintained an Equal-Weight rating and moved its target to $377.00 on October 14, 2026. Citigroup maintained a Neutral rating and adjusted its target to $350.00 on October 15, 2026. The stock carries a consensus buy recommendation from analysts, with a mean price target of $372.57 across 23 opinions.

About JPMorgan Chase & Co.

Headquartered in New York, JPMorgan Chase operates as a major financial holding company providing consumer banking, commercial banking, and wealth management services worldwide. Its massive scale makes its quarterly institutional filing shifts a focal point for market watchers tracking institutional sentiment across the financial sector.

Bottom Line

Investors will look toward the bank's next earnings release in January 2027 for updated financial results. Because 13F reports are historical summaries, watchers should note that Mirae Asset's complete exit occurred during an earlier period and does not necessarily represent the fund's current holdings. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.