Royal Bank of Canada Buys 29,507 Shares of Global X FTSE Southeast Asia ETF $ASEA

Royal Bank of Canada raised its stake in shares of Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) by 51.4% during the 1st quarter, HoldingsChannel reports. The firm owned 86,919 shares of the company’s stock after purchasing an additional 29,507 shares during the quarter. Royal Bank of Canada’s holdings in Global X FTSE Southeast Asia ETF were worth $1,688,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. EFG International AG acquired a new stake in shares of Global X FTSE Southeast Asia ETF in the fourth quarter worth $39,000. Colonial Trust Advisors acquired a new position in Global X FTSE Southeast Asia ETF in the 4th quarter valued at $56,000. Kestra Advisory Services LLC acquired a new position in Global X FTSE Southeast Asia ETF in the 4th quarter valued at $57,000. TD Waterhouse Canada Inc. bought a new position in Global X FTSE Southeast Asia ETF in the 4th quarter worth $80,000. Finally, Bank of America Corp DE raised its holdings in Global X FTSE Southeast Asia ETF by 90.6% in the 2nd quarter. Bank of America Corp DE now owns 7,463 shares of the company’s stock worth $122,000 after acquiring an additional 3,548 shares during the period.

Global X FTSE Southeast Asia ETF Price Performance

Global X FTSE Southeast Asia ETF stock opened at $21.40 on Wednesday. Global X FTSE Southeast Asia ETF has a fifty-two week low of $16.83 and a fifty-two week high of $21.65. The firm has a fifty day moving average price of $20.66 and a two-hundred day moving average price of $20.05. The firm has a market cap of $101.65 million, a price-to-earnings ratio of 12.26 and a beta of 0.43.

About Global X FTSE Southeast Asia ETF

The Global X FTSE Southeast Asia ETF (ASEA) is an exchange-traded fund that is based on the FTSE\u002FASEAN 40 INDEX index. The fund tracks a market-cap weighted and -selected index of the 40 largest and most liquid stocks from Singapore, Malaysia, Indonesia, Thailand and the Philippines. ASEA was launched on Feb 17, 2011 and is managed by Global X.