Allianz SE Buys 14,500 Shares of SPDR S&P Metals & Mining ETF $XME

Allianz SE raised its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 16.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 101,070 shares of the exchange traded fund’s stock after purchasing an additional 14,500 shares during the period. Allianz SE owned 0.34% of SPDR S&P Metals & Mining ETF worth $6,794,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in XME. Global Trust Asset Management LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the second quarter worth about $27,000. Private Wealth Asset Management LLC purchased a new position in SPDR S&P Metals & Mining ETF during the 2nd quarter valued at approximately $30,000. Sound Income Strategies LLC increased its stake in SPDR S&P Metals & Mining ETF by 1,829.2% in the 2nd quarter. Sound Income Strategies LLC now owns 926 shares of the exchange traded fund’s stock worth $62,000 after acquiring an additional 878 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter worth approximately $83,000. Finally, Reyes Financial Architecture Inc. purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter worth approximately $85,000. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Stock Performance

XME stock opened at $96.38 on Thursday. The firm has a fifty day moving average price of $94.80 and a 200 day moving average price of $78.06. SPDR S&P Metals & Mining ETF has a fifty-two week low of $45.89 and a fifty-two week high of $111.09. The firm has a market cap of $3.04 billion, a PE ratio of 21.07 and a beta of 1.28.

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.