Major Investors Pour More Money into Symbotic Inc.

Royal Bank of Canada significantly increased its stake in Symbotic Inc. (NASDAQ:SYM) during the first quarter, buying an additional 29,152 shares to own a total of 100,018.

The institutional investor's holdings in Symbotic were worth $5,321,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Royal Bank of Canada is not the only big-name firm that has boosted its stake in Symbotic. Other major investors have also increased their positions in the company.