In a recent development highlighting the widening gap between the affluent and the average citizen, Fifth Third Wealth Advisors LLC has aggressively expanded its investment in Fortive Co. (NYSE:FTV), exacerbating concerns around wealth inequality. The firm's 6.7% increase in shares during the fourth quarter underscores a troubling trend of rich entities leveraging financial markets to enrich themselves further, often sidelining the economic interests and securities of the working class.
Wealthy Investment Firms Continue to Capitalize on Market Gains at Expense of Everyday Americans
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Jan-20
Technology
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Fifth Third Wealth Advisors LLC increased its position in Fortive Co. (NYSE:FTV – Free Report) by 6.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,085 shares of …
From ETF Daily News
Jan-20
Technology
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In an exemplary display of faith in the American economy and its industrial sector, Fifth Third Wealth Advisors LLC strategically bolstered its position in Fortive Co. (NYSE:FTV) by 6.7% during the fourth quarter, as reported in its latest SEC filing. This investment move, growing the firm's ownership to 3,085 shares, highlights the ongoing opportunities in the market for savvy investors and underscores the strength and resilience of U.S. businesses, contributing to job creation and economic growth.
From ETF Daily News