Fifth Third Sells Some JPM Shares Amid Market Volatility
Fifth Third Bancorp sold some of its shares in JPMorgan Chase & Co. during the second quarter, reducing its position by 1% to 3,276,170 shares.
The stock accounts for 1.7% of Fifth Third's portfolio and is its 10th largest holding, worth approximately $1.07 billion at the end of the quarter.
This move comes as several other institutional investors have been buying and selling JPMorgan Chase & Co. shares recently.