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Forex

RBC Cuts Stake in Parker-Hannifin to $946.359 Million

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CAD
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Royal Bank of Canada (RBC) has sold a portion of its stake in Parker-Hannifin Corporation, reducing its holdings by 3.3% during the first quarter.

The bank owned approximately 1,057,102 shares of PH stock after selling 36,631 shares between January and March, according to the company's most recent Form 13F filing with the SEC.

RBC's remaining stake in Parker-Hannifin Corporation is valued at $946.359 million, accounting for about 0.84% of the company's outstanding shares.

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