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MGM Resorts Sees Institutional Investment Surge Amid Revenue Growth

Guavy AI Editorial Team
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CAD
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Royal Bank of Canada has increased its holdings in MGM Resorts International (NYSE:MGM) by 2.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

The firm now owns 1,110,977 shares of the company's stock, valued at $41,117,000 as of its latest SEC filing.

Other institutional investors have also made changes to their positions in MGM Resorts International during the quarter. Empowered Funds LLC lifted its holdings by 70.8%, Quantinno Capital Management LP increased its stake by 76.0%, and Clough Capital Partners L P purchased a new stake worth $15,857,000.

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