RBC Sells Portion of Ferrari Shares, Reduces Holdings
Royal Bank of Canada (RBC) decreased its holdings in Ferrari N.V. by 3.9% in the first quarter, according to its most recent 13F filing with the SEC.
The institutional investor sold 18,314 shares during the period and owned approximately 448,314 shares of the company's stock after the sale.
This move reduced RBC's stake in Ferrari to around 0.19% of the company's total worth, valued at $151,733,000 as of its most recent SEC filing.