Ameritas Advisory Services LLC Invests $83,000 in SPDR S&P Metals & Mining ETF $XME

Ameritas Advisory Services LLC bought a new position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,231 shares of the exchange traded fund’s stock, valued at approximately $83,000.

A number of other large investors have also modified their holdings of the business. Menora Mivtachim Holdings LTD. purchased a new position in shares of SPDR S&P Metals & Mining ETF during the 1st quarter worth approximately $48,042,000. LPL Financial LLC grew its holdings in shares of SPDR S&P Metals & Mining ETF by 5.2% in the 1st quarter. LPL Financial LLC now owns 457,716 shares of the exchange traded fund’s stock worth $25,627,000 after acquiring an additional 22,694 shares during the period. HighTower Advisors LLC grew its holdings in shares of SPDR S&P Metals & Mining ETF by 7.5% in the 1st quarter. HighTower Advisors LLC now owns 364,932 shares of the exchange traded fund’s stock worth $20,433,000 after acquiring an additional 25,569 shares during the period. Financial Advocates Investment Management grew its holdings in shares of SPDR S&P Metals & Mining ETF by 8.8% in the 1st quarter. Financial Advocates Investment Management now owns 256,410 shares of the exchange traded fund’s stock worth $14,356,000 after acquiring an additional 20,778 shares during the period. Finally, Hsbc Holdings PLC grew its holdings in shares of SPDR S&P Metals & Mining ETF by 4,583.6% in the 1st quarter. Hsbc Holdings PLC now owns 180,506 shares of the exchange traded fund’s stock worth $9,998,000 after acquiring an additional 176,652 shares during the period. 86.55% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Metals & Mining ETF Price Performance

XME opened at $100.88 on Friday. The stock has a market cap of $3.06 billion, a P/E ratio of 21.07 and a beta of 1.48. The stock’s 50 day simple moving average is $85.94 and its 200 day simple moving average is $70.65. SPDR S&P Metals & Mining ETF has a 1-year low of $45.89 and a 1-year high of $105.76.

SPDR S&P Metals & Mining ETF 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.