Royal Bank Cuts Stake in PTC Inc., Sells 19,561 Shares
Royal Bank of Canada has decreased its stake in PTC Inc. (NASDAQ:PTC), selling 19,561 shares during the first quarter.
The bank now owns approximately 142,735 shares, or about 0.12% of PTC's outstanding stock, worth around $20.3 million as per their latest SEC filing.
This move by Royal Bank of Canada is part of a broader trend where institutional investors are adjusting their holdings in the technology company.