Forex
RBC Trims Holdings in Kulicke and Soffa Industries
Royal Bank of Canada (RBC) has reduced its holdings in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC), a semiconductor company.
The bank sold 39,162 shares of the stock during the first quarter, representing a decrease of 38.8% in its holdings in KLIC.
RBC now owns 61,888 shares of KLIC's stock after the sale, which is approximately 0.12% of the company's total outstanding shares.
The value of RBC's stake in KLIC is $4,067,000 at the end of the first quarter.