Forex
RBC Boosts Stake in ONEOK with Significant Increase
Royal Bank of Canada increased its stake in ONEOK, Inc. (NYSE:OKE) by 38.8% during the first quarter, according to a recent Form 13F filing with the Securities and Exchange Commission.
The bank now owns 3,202,889 shares of the utilities provider's stock after buying an additional 896,009 shares during the quarter.
Royal Bank of Canada owned 0.51% of ONEOK worth $289,507,000 at the end of the most recent quarter.
In addition to Royal Bank of Canada, other institutional investors and hedge funds have also been buying into ONEOK, with Zions Bancorporation National Association UT growing its stake by 73.3% in the fourth quarter.