Royal Bank of Canada Has $43 Million Position in RBC Bearings Incorporated (ROLL)

Release Time：16 Oct,2017

<img src="http://www.bearing.com.cn/RecommendedCompany/20171016094112.jpg"> Royal Bank of Canada reduced its holdings in shares of RBC Bearings Incorporated (NASDAQ:ROLL) by 4.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 422,594 shares of the industrial products company’s stock after selling 20,118 shares during the period. Royal Bank of Canada owned 1.78% of RBC Bearings worth $43,003,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also modified their holdings of ROLL. Strs Ohio lifted its position in RBC Bearings by 71.4% during the 2nd quarter. Strs Ohio now owns 1,200 shares of the industrial products company’s stock valued at $122,000 after acquiring an additional 500 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in RBC Bearings by 106.2% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,237 shares of the industrial products company’s stock worth $126,000 after buying an additional 637 shares during the last quarter. Victory Capital Management Inc. raised its holdings in RBC Bearings by 6.3% in the first quarter. Victory Capital Management Inc. now owns 1,722 shares of the industrial products company’s stock worth $167,000 after buying an additional 102 shares during the last quarter. Ameritas Investment Partners Inc. purchased a new position in RBC Bearings in the first quarter worth about $190,000. Finally, LLBH Private Wealth Management LLC purchased a new position in RBC Bearings in the second quarter worth about $254,000. 99.87% of the stock is owned by institutional investors.