Efg Asset Management Americas Lifted Its Jpmorgan Chase & Co (JPM) Holding; Sphera Funds Management LTD Lifted Its Ignyta (RXDX) Stake by $711,600

February 15, 2018 - By Adrian Mccoy

Efg Asset Management Americas Corp increased its stake in Jpmorgan Chase & Co (JPM) by 519.24% based on its latest 2017Q3 regulatory filing with the SEC. Efg Asset Management Americas Corp bought 26,793 shares as the company’s stock declined 6.04% while stock markets rallied. The institutional investor held 31,953 shares of the major banks company at the end of 2017Q3, valued at $3.09M, up from 5,160 at the end of the previous reported quarter. Efg Asset Management Americas Corp who had been investing in Jpmorgan Chase & Co for a number of months, seems to be bullish on the $392.25 billion market cap company. The stock decreased 0.43% or $0.5 during the last trading session, reaching $114.53. About 5.09 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since February 15, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

Sphera Funds Management Ltd increased its stake in Ignyta Inc (RXDX) by 14.83% based on its latest 2017Q3 regulatory filing with the SEC. Sphera Funds Management Ltd bought 59,300 shares as the company’s stock declined 28.13% while stock markets rallied. The institutional investor held 459,300 shares of the health care company at the end of 2017Q3, valued at $5.67 million, up from 400,000 at the end of the previous reported quarter. Sphera Funds Management Ltd who had been investing in Ignyta Inc for a number of months, seems to be bullish on the $1.82B market cap company. It closed at $26.95 lastly. It is down 14.24% since February 15, 2017 and is uptrending. It has underperformed by 2.46% the S&P500.

Investors sentiment decreased to 2.28 in Q3 2017. Its down 0.68, from 2.96 in 2017Q2. It worsened, as 14 investors sold RXDX shares while 18 reduced holdings. 35 funds opened positions while 38 raised stakes. 44.98 million shares or 5.65% more from 42.58 million shares in 2017Q2 were reported. Morgan Stanley invested 0% of its portfolio in Ignyta, Inc. (NASDAQ:RXDX). Ghost Tree Capital Ltd Liability Co holds 1.44% in Ignyta, Inc. (NASDAQ:RXDX) or 550,000 shares. Ny State Common Retirement Fund reported 0% in Ignyta, Inc. (NASDAQ:RXDX). Rhumbline Advisers has 53,979 shares. Nationwide Fund Advsrs stated it has 0.01% of its portfolio in Ignyta, Inc. (NASDAQ:RXDX). Renaissance Ltd Liability Co invested 0% of its portfolio in Ignyta, Inc. (NASDAQ:RXDX). Iguana Health Mngmt Llc holds 0.86% or 125,000 shares in its portfolio. Artal Group holds 0.19% in Ignyta, Inc. (NASDAQ:RXDX) or 900,000 shares. Lombard Odier Asset Mngmt (Usa) Corporation reported 500,000 shares. Trexquant Investment Lp stated it has 12,345 shares or 0.04% of all its holdings. Cormorant Asset Mgmt Ltd Llc has 7.63% invested in Ignyta, Inc. (NASDAQ:RXDX) for 3.50M shares. Virtu Finance Ltd Liability Co owns 23,069 shares. Moreover, Ellington Mngmt Grp Lc has 0.03% invested in Ignyta, Inc. (NASDAQ:RXDX). Voya Investment Mgmt Limited Liability Com has invested 0% in Ignyta, Inc. (NASDAQ:RXDX). 580,100 were accumulated by Pointstate Lp.

Sphera Funds Management Ltd, which manages about $700.90M US Long portfolio, decreased its stake in Caesarstone Ltd (NASDAQ:CSTE) by 104,964 shares to 17,833 shares, valued at $531,000 in 2017Q3, according to the filing. It also reduced its holding in Syndax Pharmaceuticals Inc by 47,838 shares in the quarter, leaving it with 248,472 shares, and cut its stake in Immunomedics Inc (NASDAQ:IMMU).

Among 10 analysts covering Ignyta (NASDAQ:RXDX), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Ignyta had 20 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was initiated by Cantor Fitzgerald on Monday, October 26 with “Buy”. Credit Suisse initiated the stock with “Outperform” rating in Thursday, January 21 report. The stock of Ignyta, Inc. (NASDAQ:RXDX) has “Buy” rating given on Monday, October 26 by Canaccord Genuity. The rating was initiated by Jefferies on Friday, October 23 with “Buy”. Piper Jaffray maintained it with “Overweight” rating and $34 target in Wednesday, August 12 report. JP Morgan maintained Ignyta, Inc. (NASDAQ:RXDX) rating on Thursday, October 12. JP Morgan has “Overweight” rating and $20 target. The stock of Ignyta, Inc. (NASDAQ:RXDX) earned “Buy” rating by SunTrust on Tuesday, November 21. The rating was downgraded by Ladenburg Thalmann to “Neutral” on Tuesday, December 26. The firm earned “Buy” rating on Friday, October 20 by Jefferies. The rating was downgraded by SunTrust to “Hold” on Tuesday, December 26.

Efg Asset Management Americas Corp, which manages about $1.65 billion and $263.82M US Long portfolio, decreased its stake in Lockheed Martin Corp (NYSE:LMT) by 1,456 shares to 3,161 shares, valued at $981,000 in 2017Q3, according to the filing. It also reduced its holding in Netflix Inc (NASDAQ:NFLX) by 2,103 shares in the quarter, leaving it with 3,118 shares, and cut its stake in Ishares Tr (IEV).

Among 33 analysts covering JPMorgan Chase & Co (NYSE:JPM), 18 have Buy rating, 2 Sell and 13 Hold. Therefore 55% are positive. JPMorgan Chase & Co had 110 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, October 13, the company rating was maintained by Morgan Stanley. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Hold” rating given on Friday, July 14 by BMO Capital Markets. As per Friday, January 15, the company rating was maintained by Argus Research. Sandler O’Neill downgraded the stock to “Hold” rating in Thursday, October 6 report. The stock has “Buy” rating by Guggenheim on Wednesday, April 26. The rating was maintained by Jefferies on Monday, October 10 with “Buy”. The rating was maintained by UBS on Monday, January 18 with “Neutral”. The firm earned “Overweight” rating on Friday, January 15 by Atlantic Securities. The firm has “Buy” rating by Deutsche Bank given on Wednesday, August 12. The rating was maintained by Sandler O’Neill on Tuesday, January 16 with “Hold”.

Since August 21, 2017, it had 1 buy, and 10 sales for $23.24 million activity. Giles Nicole sold $425,399 worth of stock. Shares for $214,019 were sold by Friedman Stacey. Lake Marianne had sold 9,194 shares worth $1.03M on Saturday, January 13. 7,280 shares were bought by CROWN JAMES S, worth $825,327. $7.31M worth of JPMorgan Chase & Co. (NYSE:JPM) shares were sold by Erdoes Mary E.. Shares for $1.91 million were sold by Scher Peter.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.28, from 1.19 in 2017Q2. It turned negative, as 65 investors sold JPM shares while 767 reduced holdings. 125 funds opened positions while 635 raised stakes. 2.50 billion shares or 7.05% less from 2.69 billion shares in 2017Q2 were reported. Bokf Na stated it has 1.01% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Glob Thematic Ptnrs Ltd reported 1.82% in JPMorgan Chase & Co. (NYSE:JPM). Allsquare Wealth Ltd holds 9,834 shares or 0.77% of its portfolio. Economic Planning Gru Adv holds 0.5% or 13,920 shares. Sva Plumb Wealth Ltd Limited Liability Company, a Wisconsin-based fund reported 111,123 shares. Moreover, Northwest Invest Counselors Limited has 0.08% invested in JPMorgan Chase & Co. (NYSE:JPM) for 1,979 shares. Summit Secs Gp Ltd Liability, a New York-based fund reported 9,700 shares. 14,795 were accumulated by Zevenbergen Invests Ltd Limited Liability Company. Sumitomo Life Insur Co reported 143,291 shares or 1.74% of all its holdings. 33,375 are owned by Invest Counselors Of Maryland Ltd Liability. Ci reported 0.64% in JPMorgan Chase & Co. (NYSE:JPM). Winslow Asset Mngmt stated it has 114,263 shares. Selway Asset Mngmt owns 61,037 shares. Telemus Llc holds 0.15% or 10,158 shares. Girard owns 67,261 shares for 1.33% of their portfolio.

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