Royal Bank of Canada lifted its stake in SPDR S&P Transportation ETF (NYSEARCA:XTN – Free Report) by 53.8% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,117 shares of the company’s stock after purchasing an additional 7,734 shares during the quarter. Royal Bank of Canada owned about 1.12% of SPDR S&P Transportation ETF worth $2,056,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. SHP Wealth Management purchased a new stake in SPDR S&P Transportation ETF during the 4th quarter valued at $35,000. Steward Partners Investment Advisory LLC raised its stake in shares of SPDR S&P Transportation ETF by 98.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 517 shares of the company’s stock valued at $47,000 after acquiring an additional 257 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of SPDR S&P Transportation ETF by 41.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 634 shares of the company’s stock worth $53,000 after acquiring an additional 186 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of SPDR S&P Transportation ETF by 48.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 691 shares of the company’s stock worth $63,000 after purchasing an additional 226 shares during the period. Finally, AdvisorNet Financial Inc purchased a new position in shares of SPDR S&P Transportation ETF during the 1st quarter worth about $123,000.
SPDR S&P Transportation ETF Trading Down 0.8%
Shares of NYSEARCA:XTN opened at $110.63 on Tuesday. SPDR S&P Transportation ETF has a 12 month low of $79.18 and a 12 month high of $120.89. The company has a market capitalization of $392.74 million, a price-to-earnings ratio of 16.16 and a beta of 1.37. The firm’s 50-day moving average is $113.84 and its 200 day moving average is $105.85.
About SPDR S&P Transportation ETF
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.
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