Shaker Financial Services LLC Increases Holdings in Royce Micro-Cap Trust Inc. (RMT)

Shaker Financial Services LLC grew its position in shares of Royce Micro-Cap Trust Inc. (NYSE:RMT) by 14.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 543,598 shares of the financial services provider’s stock after buying an additional 68,136 shares during the quarter. Royce Micro-Cap Trust accounts for 2.7% of Shaker Financial Services LLC’s investment portfolio, making the stock its 8th largest holding. Shaker Financial Services LLC owned 1.42% of Royce Micro-Cap Trust worth $5,099,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in RMT. FCA Corp TX increased its holdings in shares of Royce Micro-Cap Trust by 2.8% in the 3rd quarter. FCA Corp TX now owns 341,561 shares of the financial services provider’s stock valued at $3,204,000 after purchasing an additional 9,433 shares in the last quarter. Family Firm Inc. increased its holdings in shares of Royce Micro-Cap Trust by 6.5% in the 3rd quarter. Family Firm Inc. now owns 208,105 shares of the financial services provider’s stock valued at $1,952,000 after purchasing an additional 12,637 shares in the last quarter. Jaffetilchin Investment Partners LLC increased its holdings in shares of Royce Micro-Cap Trust by 159.4% in the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 138,034 shares of the financial services provider’s stock valued at $1,295,000 after purchasing an additional 84,818 shares in the last quarter. Thompson Davis & CO. Inc. increased its holdings in shares of Royce Micro-Cap Trust by 46.8% in the 3rd quarter. Thompson Davis & CO. Inc. now owns 18,314 shares of the financial services provider’s stock valued at $172,000 after purchasing an additional 5,840 shares in the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of Royce Micro-Cap Trust by 34.9% in the 3rd quarter. IFP Advisors Inc now owns 34,317 shares of the financial services provider’s stock valued at $322,000 after purchasing an additional 8,884 shares in the last quarter. Institutional investors own 28.07% of the company’s stock.

Shares of Royce Micro-Cap Trust Inc. (NYSE:RMT) traded up $0.08 on Friday, hitting $9.36. 26,526 shares of the stock were exchanged, compared to its average volume of 76,625. Royce Micro-Cap Trust Inc. has a 1-year low of $8.00 and a 1-year high of $9.49.

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About Royce Micro-Cap Trust

Royce Micro-Cap Trust, Inc (the Fund) is a diversified closed-end investment company. The Fund invests primarily in micro-cap securities. The Fund invests in a range of sectors, including information technology, software, technology hardware, storage and peripherals, chemicals, construction materials, containers and packaging, metals and mining, real estate, telecommunication services, utilities and miscellaneous.

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

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