Institutional Investors Increase Holdings in FedEx Corporation
1 report, 1 independent
Updated Wed 00:00
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What happened
Vise Technologies Inc. increased its position in FedEx Corporation by 19.8% during the third quarter, based on its recent 13F filing. Moss Adams Wealth Advisors LLC also increased its holdings in FedEx by 13.8% during the same period. Other firms, including Avestar Capital LLC and MGO One Seven LLC, also lifted their positions in the shipping service provider.
From themarketsdaily.com
Why it matters
The increased buying activity by various institutional investors suggests growing confidence in the financial performance of FedEx Corporation. These filings provide insight into how large funds are allocating capital within the shipping industry.
From themarketsdaily.com
Who's involved
- Bank of AmericaAmerican multinational banking and financial services corporation
- Michael HartnettResearcher and chief investment strategist for Bank of America
- Wells FargoAmerican multinational banking and financial services company
- MerrillIntegrated wealth management division of Bank of America
Keep exploring
The entities involved
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Bank of America
American multinational banking and financial services corporation
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