Raymond James & Associates lifted its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 274.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 305,812 shares of the exchange traded fund’s stock after acquiring an additional 224,151 shares during the quarter. Raymond James & Associates owned about 0.91% of SPDR S&P Metals & Mining ETF worth $19,486,000 as of its most recent filing with the SEC.
A number of other hedge funds have also made changes to their positions in XME. Meitav Investment House Ltd. raised its holdings in SPDR S&P Metals & Mining ETF by 78.0% in the 2nd quarter. Meitav Investment House Ltd. now owns 1,026,759 shares of the exchange traded fund’s stock worth $60,902,000 after acquiring an additional 450,000 shares during the period. Mirae Asset Securities USA Inc. bought a new position in shares of SPDR S&P Metals & Mining ETF in the second quarter worth about $14,832,000. Commonwealth Equity Services LLC lifted its position in shares of SPDR S&P Metals & Mining ETF by 160.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 295,778 shares of the exchange traded fund’s stock worth $17,549,000 after purchasing an additional 182,306 shares during the last quarter. New Harbor Financial Group LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter worth about $10,631,000. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in SPDR S&P Metals & Mining ETF by 462.4% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 188,637 shares of the exchange traded fund’s stock valued at $11,192,000 after purchasing an additional 155,098 shares during the period.
SPDR S&P Metals & Mining ETF Stock Down 0.7 %
XME opened at $64.01 on Friday. The stock’s 50 day moving average price is $61.11 and its two-hundred day moving average price is $61.02. The firm has a market capitalization of $2.16 billion, a P/E ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 12-month low of $48.63 and a 12-month high of $67.20.
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.
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