Royal Bank of Canada increased its holdings in Gildan Activewear by 20.9% during the first quarter, according to a recent SEC filing.
The institutional investor owned 6,911,589 shares of the textile maker's stock after purchasing an additional 1,193,718 shares during the quarter.
This represents about 3.73% of Gildan Activewear's outstanding shares and is valued at approximately $384.6 million.
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