Royal Bank of Canada Invests Heavily in Intellia Therapeutics
Royal Bank of Canada acquired a significant stake in Intellia Therapeutics, increasing its holdings by 1,082.1% in the first quarter.
The bank owned 465,499 shares after purchasing an additional 426,121 shares during the period.
This investment makes Royal Bank of Canada the second-largest shareholder of Intellia Therapeutics, with a 0.33% stake in the company worth $5,968,000 as of its most recent filing with the SEC.