JPMorgan Chase

(

JPM

) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day up 4.7%. By the end of trading, JPMorgan Chase rose $2.36 (8.3%) to $30.92 on average volume. Throughout the day, 52.4 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 46.6 million shares. The stock ranged in a price between $29.80-$31 after having opened the day at $30.15 as compared to the previous trading day's close of $28.56. Other companies within the Financial sector that increased today were:

Carver Bancorp Inc

(

CARV

), up 306.7%,

Carver Bancorp Inc

(

CARVD

), up 306.7%,

Ameritrans Capital Corporation

(

AMTC

), up 111.7%, and

CIFC

(

DFR

), up 35%.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $110.8 billion and is part of the

banking

industry. The company has a P/E ratio of 6.2, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 32.7% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates JPMorgan Chase as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and a generally disappointing performance in the stock itself.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider

Financial Select Sector SPDR

(

XLF

) while those bearish on the financial sector could consider

Proshares Short Financials

(

SEF

).

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