Forex

RBC Boosts Stake in SM Energy by Over 112%

Guavy AI Editorial Team Published August 16, 2026

Instruments

CAD

Royal Bank of Canada (RBC) has increased its stake in SM Energy Company by 112.1% during the first quarter, according to a recent filing with the Securities and Exchange Commission.

The bank bought an additional 49,740 shares, bringing its total holdings to 94,115 shares worth $2.935 million as of its most recent SEC filing.

This is not an isolated move by RBC, as other institutional investors have also increased their stakes in SM Energy during the fourth quarter.

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