SPDR S&P Metals & Mining ETF Sees Unusually High Options Volume (NYSEARCA:XME)

SPDR S&P Metals & Mining ETF (NYSEARCA:XME) saw some unusual options trading activity on Tuesday. Investors bought 10,747 call options on the company. This is an increase of 70% compared to the average volume of 6,329 call options.

SPDR S&P Metals & Mining ETF Trading Down 1.4 %

Shares of NYSEARCA:XME opened at $59.50 on Wednesday. SPDR S&P Metals & Mining ETF has a 52 week low of $44.17 and a 52 week high of $63.59. The company’s 50 day moving average is $58.56 and its two-hundred day moving average is $55.98. The company has a market cap of $2.01 billion, a PE ratio of 6.36 and a beta of 1.24.

Institutional Investors Weigh In On SPDR S&P Metals & Mining ETF

Large investors have recently modified their holdings of the company. Fox Hill Wealth Management grew its position in shares of SPDR S&P Metals & Mining ETF by 1.5% in the 1st quarter. Fox Hill Wealth Management now owns 10,843 shares of the exchange traded fund’s stock valued at $654,000 after buying an additional 164 shares during the last quarter. Great Diamond Partners LLC grew its position in SPDR S&P Metals & Mining ETF by 0.8% during the 4th quarter. Great Diamond Partners LLC now owns 28,637 shares of the exchange traded fund’s stock worth $1,713,000 after purchasing an additional 215 shares during the last quarter. Washburn Capital Management Inc. grew its position in SPDR S&P Metals & Mining ETF by 5.0% during the 3rd quarter. Washburn Capital Management Inc. now owns 4,835 shares of the exchange traded fund’s stock worth $254,000 after purchasing an additional 230 shares during the last quarter. Triumph Capital Management grew its position in SPDR S&P Metals & Mining ETF by 3.9% during the 3rd quarter. Triumph Capital Management now owns 6,832 shares of the exchange traded fund’s stock worth $359,000 after purchasing an additional 258 shares during the last quarter. Finally, Brown Miller Wealth Management LLC grew its position in SPDR S&P Metals & Mining ETF by 3.9% during the 4th quarter. Brown Miller Wealth Management LLC now owns 8,845 shares of the exchange traded fund’s stock worth $529,000 after purchasing an additional 334 shares during the last quarter.

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.