UBS Group AG Purchases 54,179 Shares of Royce Micro-Cap Trust, Inc. (NYSE:RMT)

UBS Group AG increased its position in shares of Royce Micro-Cap Trust, Inc. (NYSE:RMTFree Report) by 5.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 971,466 shares of the financial services provider’s stock after buying an additional 54,179 shares during the period. UBS Group AG owned 2.00% of Royce Micro-Cap Trust worth $8,976,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of RMT. Alexander Randolph Advisory Inc. bought a new position in Royce Micro-Cap Trust during the fourth quarter valued at about $9,160,000. Sapient Capital LLC bought a new stake in shares of Royce Micro-Cap Trust during the fourth quarter valued at approximately $792,000. Shaker Financial Services LLC raised its stake in shares of Royce Micro-Cap Trust by 18.8% in the fourth quarter. Shaker Financial Services LLC now owns 310,633 shares of the financial services provider’s stock valued at $2,870,000 after purchasing an additional 49,136 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in Royce Micro-Cap Trust by 24.3% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,463,810 shares of the financial services provider’s stock worth $13,526,000 after purchasing an additional 286,476 shares during the period. Finally, International Assets Investment Management LLC boosted its stake in Royce Micro-Cap Trust by 846.8% during the fourth quarter. International Assets Investment Management LLC now owns 23,186 shares of the financial services provider’s stock worth $214,000 after buying an additional 20,737 shares in the last quarter. 34.98% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, President Christopher D. Clark bought 5,000 shares of the company’s stock in a transaction dated Thursday, March 21st. The stock was acquired at an average cost of $9.24 per share, with a total value of $46,200.00. Following the acquisition, the president now owns 45,945 shares in the company, valued at approximately $424,531.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.18% of the company’s stock.

Royce Micro-Cap Trust Stock Performance

Shares of RMT stock opened at $9.57 on Tuesday. The firm has a fifty day moving average of $9.26 and a 200-day moving average of $9.09. Royce Micro-Cap Trust, Inc. has a 52-week low of $7.67 and a 52-week high of $9.82.

About Royce Micro-Cap Trust

(Free Report)

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-Cap Trust (NYSE:RMT)

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