Royal Bank Cuts Transcat Holdings by 17.6% in Q1

Royal Bank of Canada reduced its holdings in shares of Transcat, Inc. by 17.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 132,447 shares of the scientific and technical instruments company's stock after selling 28,303 shares during the quarter.

Royal Bank of Canada owned 1.42% of Transcat worth $9,728,000 at the end of the most recent reporting period.

Several other hedge funds and institutional investors also made changes to their positions in the company during the first quarter.