IDP Education Ltd. (AU:IEL) has released an update.
JPMorgan Chase & Co. and its affiliates, previously holding a 9.86% stake in IDP Education Ltd., have decreased their position to 8.43%. The change, reported on May 27, 2024, reflects various transactions including securities lending, purchases, sales, and rehypothecation activities. This shift in shareholding could indicate strategic adjustments in JPMorgan’s investment approach towards IDP Education Ltd.
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