Forex
Royal Bank of Canada Trims Stake in MarineMax by 97%
Royal Bank of Canada significantly reduced its stake in MarineMax, Inc. (NYSE:HZO) by 96.8% during the first quarter.
The bank sold a substantial 180,187 shares, leaving it with only 5,929 shares worth $160,000 at the end of the period.
Notably, other large investors also adjusted their holdings in MarineMax. Annis Gardner Whiting Capital Advisors LLC acquired an enormous stake of 180,021 shares during the first quarter, while Prescott Group Capital Management L.L.C. boosted its position by 64.1% in the fourth quarter.