RBC Reduces Holdings in Rexford Industrial Realty by Over 30%
Royal Bank of Canada has reduced its holdings in Rexford Industrial Realty, Inc. (NYSE:REXR) by 32.9% in the first quarter.
The fund owned 171,411 shares after selling 84,052 shares during the period, with a total value of $5,610,000 as of its most recent SEC filing.
This reduction is part of a larger trend, as 99.52% of REXR's stock is currently held by hedge funds and other institutional investors.