Royal Bank of Canada Grows Position in iShares S&P 500 3% Capped ETF $TOPC

Royal Bank of Canada lifted its stake in iShares S&P 500 3% Capped ETF (NYSEARCA:TOPC) by 375.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,417 shares of the company’s stock after buying an additional 31,122 shares during the quarter. Royal Bank of Canada owned about 4.93% of iShares S&P 500 3% Capped ETF worth $1,183,000 as of its most recent filing with the Securities & Exchange Commission.

iShares S&P 500 3% Capped ETF Price Performance

Shares of NYSEARCA:TOPC opened at $34.88 on Friday. iShares S&P 500 3% Capped ETF has a 1-year low of $29.08 and a 1-year high of $35.63. The company has a market capitalization of $31.39 million, a P/E ratio of 25.86 and a beta of 0.88. The firm’s 50 day simple moving average is $34.47 and its two-hundred day simple moving average is $32.90.

iShares S&P 500 3% Capped ETF Profile

The iShares S&P 500 3% Capped ETF (TOPC) is an exchange-traded fund that is based on the S&P 500 3% Capped index, a capped, market-cap-weighted index of 500 large-cap US stocks selected by the S&P Index Committee.