RBC Abandons 92% Stake in Arcosa Amid Market Volatility

Royal Bank of Canada has decreased its stake in Arcosa, Inc. by 92% during the first quarter, according to its latest disclosure with the Securities and Exchange Commission.

The fund owned 3,661 shares of Arcosa's stock after selling 41,944 shares during the quarter, valued at $389,000 at the end of the most recent reporting period.

This is not an isolated instance, as several other hedge funds have also bought and sold shares of Arcosa in the first quarter.