Meitav Investment House Ltd. Has $22.97 Million Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Meitav Investment House Ltd. lessened its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 45.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 454,834 shares of the exchange traded fund’s stock after selling 380,044 shares during the period. Meitav Investment House Ltd. owned 1.25% of SPDR S&P Metals & Mining ETF worth $22,974,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Strategic Investment Solutions Inc. IL acquired a new position in SPDR S&P Metals & Mining ETF during the first quarter worth $27,000. ICA Group Wealth Management LLC acquired a new position in SPDR S&P Metals & Mining ETF during the fourth quarter worth $27,000. Bell Investment Advisors Inc acquired a new position in SPDR S&P Metals & Mining ETF during the first quarter worth $28,000. Money Concepts Capital Corp raised its holdings in SPDR S&P Metals & Mining ETF by 291.1% during the fourth quarter. Money Concepts Capital Corp now owns 571 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 425 shares during the last quarter. Finally, Tucker Asset Management LLC acquired a new position in SPDR S&P Metals & Mining ETF during the first quarter worth $56,000.

SPDR S&P Metals & Mining ETF Price Performance

NYSEARCA XME opened at $51.80 on Wednesday. SPDR S&P Metals & Mining ETF has a 1 year low of $44.17 and a 1 year high of $59.24. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 4.92 and a beta of 1.48. The company has a fifty day moving average price of $50.87 and a 200-day moving average price of $50.26.

SPDR S&P Metals & Mining ETF Company Profile

SPDR S&P Metals & Mining ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Metals & Mining Select Industry Index (the Index). The Index is an equal weighted market cap index. The Index represents the metals and mining sub-industry portion of the S&P Total Market Index.