AE Wealth Management LLC Purchases 109,343 Shares of SPDR S&P Metals & Mining ETF $XME

AE Wealth Management LLC boosted its position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 5,604.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 111,294 shares of the exchange traded fund’s stock after purchasing an additional 109,343 shares during the quarter. AE Wealth Management LLC owned about 0.37% of SPDR S&P Metals & Mining ETF worth $7,481,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of XME. Menora Mivtachim Holdings LTD. bought a new position in shares of SPDR S&P Metals & Mining ETF in the first quarter worth approximately $48,042,000. LPL Financial LLC raised its holdings in 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 last quarter. HighTower Advisors LLC raised its holdings in 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 last quarter. Hsbc Holdings PLC lifted its position in 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 valued at $9,998,000 after acquiring an additional 176,652 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in SPDR S&P Metals & Mining ETF during the 1st quarter valued at $8,260,000. 86.55% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Metals & Mining ETF Trading Up 2.7%

SPDR S&P Metals & Mining ETF stock opened at $93.56 on Monday. SPDR S&P Metals & Mining ETF has a 12 month low of $45.89 and a 12 month high of $111.09. The stock has a fifty day simple moving average of $94.00 and a two-hundred day simple moving average of $77.40. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 21.07 and a beta of 1.28.

About SPDR S&P Metals & Mining ETF

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.