Fisher Asset Management LLC Increases Holdings in SPDR S&P Metals & Mining ETF $XME

Fisher Asset Management LLC boosted its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 64.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,288 shares of the exchange traded fund’s stock after purchasing an additional 11,100 shares during the period. Fisher Asset Management LLC owned approximately 0.10% of SPDR S&P Metals & Mining ETF worth $1,902,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. BOS Asset Management LLC boosted its position in shares of SPDR S&P Metals & Mining ETF by 0.9% in the second quarter. BOS Asset Management LLC now owns 16,414 shares of the exchange traded fund’s stock worth $1,103,000 after buying an additional 149 shares during the period. LaSalle St. Investment Advisors LLC boosted its holdings in SPDR S&P Metals & Mining ETF by 2.0% in the 1st quarter. LaSalle St. Investment Advisors LLC now owns 9,761 shares of the exchange traded fund’s stock worth $546,000 after acquiring an additional 193 shares during the period. Strategic Blueprint LLC grew its position in SPDR S&P Metals & Mining ETF by 3.5% in the second quarter. Strategic Blueprint LLC now owns 6,986 shares of the exchange traded fund’s stock valued at $470,000 after acquiring an additional 233 shares in the last quarter. Modern Wealth Management LLC raised its stake in shares of SPDR S&P Metals & Mining ETF by 2.3% during the first quarter. Modern Wealth Management LLC now owns 10,479 shares of the exchange traded fund’s stock valued at $587,000 after purchasing an additional 238 shares during the period. Finally, Integrated Wealth Concepts LLC raised its stake in shares of SPDR S&P Metals & Mining ETF by 2.1% during the first quarter. Integrated Wealth Concepts LLC now owns 11,741 shares of the exchange traded fund’s stock valued at $657,000 after purchasing an additional 246 shares during the period. 86.55% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Metals & Mining ETF Trading Down 1.1%

Shares of XME stock opened at $99.74 on Friday. The firm has a fifty day simple moving average of $96.93 and a 200-day simple moving average of $82.16. The company has a market capitalization of $3.15 billion, a PE ratio of 21.07 and a beta of 1.28. SPDR S&P Metals & Mining ETF has a twelve month low of $45.89 and a twelve month high of $111.09.

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.