First Trust Advisors LP increased its stake in shares of Monarch Casino & Resort, Inc. (NASDAQ:MCRI) by 17.0% during the second quarter, Holdings Channel reports. The fund owned 12,948 shares of the company’s stock after purchasing an additional 1,884 shares during the period. First Trust Advisors LP’s holdings in Monarch Casino & Resort were worth $570,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of MCRI. Piedmont Investment Advisors LLC acquired a new stake in Monarch Casino....More>>>