D.A. Davidson & CO. Increases Position in Royce Micro Capital Trust Inc. (NYSE:RMT)

D.A. Davidson & CO. lifted its position in shares of Royce Micro Capital Trust Inc. (NYSE:RMT) by 14.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 54,542 shares of the financial services provider’s stock after buying an additional 6,700 shares during the quarter. D.A. Davidson & CO.’s holdings in Royce Micro Capital Trust were worth $439,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in RMT. Shaker Financial Services LLC lifted its stake in shares of Royce Micro Capital Trust by 70.6% during the second quarter. Shaker Financial Services LLC now owns 478,059 shares of the financial services provider’s stock valued at $3,930,000 after buying an additional 197,789 shares during the period. Rivernorth Capital Management LLC purchased a new position in shares of Royce Micro Capital Trust during the second quarter valued at approximately $678,000. Bank of America Corp DE lifted its stake in shares of Royce Micro Capital Trust by 98.5% during the second quarter. Bank of America Corp DE now owns 148,397 shares of the financial services provider’s stock valued at $1,220,000 after buying an additional 73,625 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Royce Micro Capital Trust by 6.2% during the second quarter. Wells Fargo & Company MN now owns 1,253,717 shares of the financial services provider’s stock valued at $10,305,000 after buying an additional 72,688 shares during the period. Finally, Bank of Montreal Can purchased a new position in shares of Royce Micro Capital Trust during the second quarter valued at approximately $521,000. 23.46% of the stock is currently owned by institutional investors and hedge funds.

Shares of RMT opened at $8.21 on Tuesday. Royce Micro Capital Trust Inc. has a 1 year low of $6.91 and a 1 year high of $8.89. The company’s 50 day simple moving average is $8.04 and its 200 day simple moving average is $8.09.

Royce Micro Capital Trust Profile

Royce Micro-Cap Trust, Inc is a closed-ended equity mutual fund launched and managed Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than $500 million.

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Institutional Ownership by Quarter for Royce Micro Capital Trust (NYSE:RMT)

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