Royal Bank of Canada Reduces Stake in XPO, Inc.

Royal Bank of Canada has reduced its stake in XPO, Inc. (NYSE:XPO) by selling 14,099 shares during the first quarter.

The institutional investor owned 212,792 shares of XPO's stock after the sale, representing a decrease of 6.2% from the previous period.

According to the most recent 13F filing with the SEC, Royal Bank of Canada held approximately 0.18% of XPO's outstanding shares worth $41,398,000 at the end of the reporting period.

This is not an isolated instance, as several other institutional investors have also modified their holdings in XPO during the first quarter.