Royal Bank of Canada Grows Position in SPDR S&P Transportation ETF $XTN

Royal Bank of Canada boosted its holdings in shares of SPDR S&P Transportation ETF (NYSEARCA:XTN) by 53.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,117 shares of the company’s stock after acquiring an additional 7,734 shares during the period. Royal Bank of Canada’s holdings in SPDR S&P Transportation ETF were worth $2,056,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. SHP Wealth Management bought a new stake in shares of SPDR S&P Transportation ETF in the 4th quarter valued at about $35,000. Steward Partners Investment Advisory LLC boosted its stake in shares of SPDR S&P Transportation ETF by 98.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 517 shares of the company’s stock valued at $47,000 after purchasing an additional 257 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in SPDR S&P Transportation ETF by 41.5% during the third quarter. JPMorgan Chase & Co. now owns 634 shares of the company’s stock valued at $53,000 after buying an additional 186 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in SPDR S&P Transportation ETF by 48.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 691 shares of the company’s stock valued at $63,000 after buying an additional 226 shares during the period. Finally, AdvisorNet Financial Inc bought a new position in SPDR S&P Transportation ETF in the first quarter worth approximately $123,000.

SPDR S&P Transportation ETF Stock Down 0.8%

SPDR S&P Transportation ETF stock opened at $110.63 on Tuesday. The business has a fifty day moving average of $113.84 and a two-hundred day moving average of $105.85. The firm has a market cap of $392.74 million, a P/E ratio of 16.16 and a beta of 1.37. SPDR S&P Transportation ETF has a twelve month low of $79.18 and a twelve month high of $120.89.

SPDR S&P Transportation ETF Profile

The SPDR S&P Transportation ETF (XTN) is an exchange-traded fund that is based on the S&P Transportation Select Industry index. The fund tracks a broad-based, equal-weighted index of US stocks in the transportation industry. XTN was launched on Jan 26, 2011 and is managed by State Street.