Royal Bank of Canada Boosts Stock Position in SPDR S&P Pharmaceuticals ETF $XPH

Royal Bank of Canada boosted its stake in shares of SPDR S&P Pharmaceuticals ETF (NYSEARCA:XPH) by 50.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,649 shares of the company’s stock after buying an additional 13,551 shares during the period. Royal Bank of Canada owned approximately 0.66% of SPDR S&P Pharmaceuticals ETF worth $2,199,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Turtle Creek Wealth Advisors LLC bought a new stake in SPDR S&P Pharmaceuticals ETF in the first quarter worth $26,000. Advisory Services Network LLC bought a new position in shares of SPDR S&P Pharmaceuticals ETF during the third quarter valued at $34,000. Fifth Third Bancorp purchased a new position in shares of SPDR S&P Pharmaceuticals ETF in the 1st quarter worth about $39,000. Kestra Advisory Services LLC bought a new position in SPDR S&P Pharmaceuticals ETF in the 4th quarter worth about $151,000. Finally, Vista Investment Management purchased a new stake in SPDR S&P Pharmaceuticals ETF during the 4th quarter valued at about $223,000.

SPDR S&P Pharmaceuticals ETF Stock Performance

Shares of XPH stock opened at $70.42 on Tuesday. The company has a market capitalization of $507.02 million, a price-to-earnings ratio of 14.28 and a beta of 0.58. SPDR S&P Pharmaceuticals ETF has a one year low of $45.80 and a one year high of $71.13. The company’s 50-day moving average is $66.59 and its 200 day moving average is $60.05.

SPDR S&P Pharmaceuticals ETF Company Profile

SPDR S&P Pharmaceuticals ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Pharmaceuticals Select Industry Index. The S&P Pharmaceuticals Select Industry Index represents the pharmaceuticals sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.