Compound Planning Inc. Makes New $1.08 Million Investment in SPDR S&P Metals & Mining ETF $XME

Compound Planning Inc. bought a new position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,635 shares of the exchange traded fund’s stock, valued at approximately $1,084,000.

Other large investors have also recently made changes to their positions in the company. Menora Mivtachim Holdings LTD. grew its stake in SPDR S&P Metals & Mining ETF by 225.5% during the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 2,793,050 shares of the exchange traded fund’s stock worth $187,749,000 after buying an additional 1,935,000 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 2,642.0% in the second quarter. JPMorgan Chase & Co. now owns 1,959,322 shares of the exchange traded fund’s stock valued at $131,706,000 after acquiring an additional 1,887,867 shares during the period. Citigroup Inc. grew its position in shares of SPDR S&P Metals & Mining ETF by 179.3% during the third quarter. Citigroup Inc. now owns 485,894 shares of the exchange traded fund’s stock worth $45,281,000 after acquiring an additional 311,902 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of SPDR S&P Metals & Mining ETF by 569.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 171,984 shares of the exchange traded fund’s stock valued at $16,027,000 after acquiring an additional 146,289 shares during the period. Finally, Volterra Technologies LP acquired a new position in shares of SPDR S&P Metals & Mining ETF in the 2nd quarter valued at $9,769,000. 86.55% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Metals & Mining ETF Price Performance

Shares of NYSEARCA:XME opened at $120.03 on Friday. SPDR S&P Metals & Mining ETF has a 1-year low of $45.89 and a 1-year high of $135.68. The stock has a market cap of $4.57 billion, a P/E ratio of 21.07 and a beta of 1.28. The firm has a fifty day moving average price of $117.82 and a 200 day moving average price of $101.27.

SPDR S&P Metals & Mining ETF Company Profile