Diversify Advisory Services LLC Takes $1.08 Million Position in RBC Bearings Incorporated $ROLL

Diversify Advisory Services LLC bought a new position in shares of RBC Bearings Incorporated (NASDAQ:ROLL) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 1,848 shares of the company’s stock, valued at approximately $1,081,000.

Several other large investors also recently bought and sold shares of the stock. Meeder Advisory Services Inc. acquired a new stake in RBC Bearings during the 2nd quarter worth approximately $839,000. Citizens Financial Group Inc. RI acquired a new position in shares of RBC Bearings during the 2nd quarter worth $743,000. BlackRock Inc. acquired a new position in RBC Bearings during the second quarter worth about $1,962,222,000. Pallas Capital Advisors LLC purchased a new position in RBC Bearings in the 2nd quarter valued at approximately $320,000. Finally, Deutsche Bank AG acquired a new position in shares of RBC Bearings during the 2nd quarter worth $48,927,000.

RBC Bearings Price Performance

Shares of ROLL opened at $545.65 on Thursday. RBC Bearings Incorporated has a 1-year low of $152.90 and a 1-year high of $264.94. The stock has a market cap of $15.79 billion, a price-to-earnings ratio of 264.88 and a beta of 1.34. The firm has a 50 day simple moving average of $592.66 and a 200-day simple moving average of $575.97.

About RBC Bearings

RBC Bearings Inc is a designer and manufacturer of precision bearing products and components for demanding applications in the aerospace, defense and industrial markets. The company’s product lineup includes ball bearings, roller bearings, spherical plain bearings, rod ends, roller screws and custom-engineered solutions tailored to specific customer requirements. Its bearings are used in aircraft landing gear, engine systems, gearboxes, industrial machinery, robotics and other applications where high reliability and performance are essential.

Founded more than a century ago, RBC Bearings has grown through both internal development and strategic acquisitions, broadening its technology base and expanding its product offerings.