SPDR S&P Metals & Mining ETF $XME Shares Sold by Royal Bank of Canada

Royal Bank of Canada lowered its position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 0.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 193,095 shares of the exchange traded fund’s stock after selling 362 shares during the period. Royal Bank of Canada owned about 0.77% of SPDR S&P Metals & Mining ETF worth $10,811,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Graham Capital Management L.P. purchased a new stake in SPDR S&P Metals & Mining ETF during the 1st quarter valued at about $7,951,000. OMERS ADMINISTRATION Corp purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the 1st quarter worth $593,000. RPg Family Wealth Advisory LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the 1st quarter worth approximately $701,000. Quantitative Investment Management LLC purchased a new stake in SPDR S&P Metals & Mining ETF in the first quarter valued at $251,000. Finally, Legend Financial Advisors Inc. increased its stake in SPDR S&P Metals & Mining ETF by 0.8% in the first quarter. Legend Financial Advisors Inc. now owns 125,445 shares of the exchange traded fund’s stock valued at $7,024,000 after purchasing an additional 1,039 shares during the period. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Stock Up 1.4%

Shares of SPDR S&P Metals & Mining ETF stock opened at $86.04 on Friday. The company’s 50-day simple moving average is $77.56 and its 200-day simple moving average is $65.37. SPDR S&P Metals & Mining ETF has a 52-week low of $45.89 and a 52-week high of $86.60. The firm has a market cap of $2.44 billion, a price-to-earnings ratio of 21.07 and a beta of 1.48.

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.