Context BH Capital Management LP acquired a new position in shares of Royal Bancshares of Pennsylvania, Inc. (NASDAQ:RBPAA) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 106,339 shares of the bank’s stock, valued at approximately $450,000. Context BH Capital Management LP owned 0.35% of Royal Bancshares of Pennsylvania as of its most recent SEC filing.

Separately, GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in Royal Bancshares of Pennsylvania in the 2nd quarter valued at $880,000. Institutional investors and hedge funds own 28.20% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Context BH Capital Management LP Invests $450,000 in Royal Bancshares of Pennsylvania, Inc. (RBPAA)” was first posted by Daily Political and is the sole property of of Daily Political. If you are viewing this story on another site, it was copied illegally and reposted in violation of international copyright and trademark laws. The correct version of this story can be viewed at https://www.dailypolitical.com/2017/09/20/context-bh-capital-management-lp-invests-450000-in-royal-bancshares-of-pennsylvania-inc-rbpaa.html.

Royal Bancshares of Pennsylvania, Inc. (NASDAQ:RBPAA) remained flat at $4.20 during mid-day trading on Wednesday. 25,360 shares of the company’s stock were exchanged. Royal Bancshares of Pennsylvania, Inc. has a one year low of $2.25 and a one year high of $4.66. The firm has a market cap of $126.59 million, a PE ratio of 12.03 and a beta of 0.86. The company’s 50-day moving average is $4.13 and its 200-day moving average is $4.12.

Separately, ValuEngine raised shares of Royal Bancshares of Pennsylvania from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

About Royal Bancshares of Pennsylvania

Royal Bancshares of Pennsylvania, Inc is a bank holding company. The Company offers a range of financial and banking products and services. The principal activities of the Company are supervising Royal Bank America (Royal Bank), which engages in general banking business. It operates through two segments: Community Banking and Tax Liens.

Want to see what other hedge funds are holding RBPAA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Royal Bancshares of Pennsylvania, Inc. (NASDAQ:RBPAA).

Institutional Ownership by Quarter for Royal Bancshares of Pennsylvania (NASDAQ:RBPAA)

Receive News & Ratings for Royal Bancshares of Pennsylvania Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Bancshares of Pennsylvania Inc. and related companies with MarketBeat.com's FREE daily email newsletter.