SPDR S&P Metals & Mining ETF Target of Unusually High Options Trading (NYSEARCA:XME)

SPDR S&P Metals & Mining ETF (NYSEARCA:XMEGet Free Report) was the recipient of some unusual options trading activity on Monday. Stock traders acquired 71,239 call options on the stock. This is an increase of 1,033% compared to the average volume of 6,286 call options.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Napatree Capital LLC acquired a new position in SPDR S&P Metals & Mining ETF in the 4th quarter valued at $1,485,000. Capital Management Associates NY lifted its position in SPDR S&P Metals & Mining ETF by 185.0% during the fourth quarter. Capital Management Associates NY now owns 13,633 shares of the exchange traded fund’s stock worth $816,000 after purchasing an additional 8,850 shares during the period. Benjamin Edwards Inc. grew its stake in SPDR S&P Metals & Mining ETF by 16.6% during the fourth quarter. Benjamin Edwards Inc. now owns 6,213 shares of the exchange traded fund’s stock worth $372,000 after buying an additional 886 shares in the last quarter. Legend Financial Advisors Inc. increased its holdings in SPDR S&P Metals & Mining ETF by 0.6% in the 4th quarter. Legend Financial Advisors Inc. now owns 114,116 shares of the exchange traded fund’s stock valued at $6,828,000 after buying an additional 711 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in shares of SPDR S&P Metals & Mining ETF by 1.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 89,131 shares of the exchange traded fund’s stock valued at $5,333,000 after buying an additional 1,454 shares in the last quarter.

SPDR S&P Metals & Mining ETF Price Performance

XME opened at $61.31 on Tuesday. SPDR S&P Metals & Mining ETF has a 1 year low of $48.01 and a 1 year high of $65.36. The company has a market capitalization of $2.07 billion, a PE ratio of 6.15 and a beta of 1.20. The business has a fifty day simple moving average of $61.20 and a 200 day simple moving average of $59.35.

SPDR S&P Metals & Mining ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for SPDR S&P Metals & Mining ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Metals & Mining ETF and related companies with MarketBeat.com's FREE daily email newsletter.