Allianz SE cut its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 16.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,270 shares of the exchange traded fund’s stock after selling 16,800 shares during the period. Allianz SE owned 0.27% of SPDR S&P Metals & Mining ETF worth $7,853,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. Focus Partners Wealth increased its holdings in shares of SPDR S&P Metals & Mining ETF by 60.3% in the first quarter. Focus Partners Wealth now owns 9,056 shares of the exchange traded fund’s stock valued at $507,000 after purchasing an additional 3,407 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. acquired a new position in SPDR S&P Metals & Mining ETF during the 2nd quarter worth $807,000. Envestnet Asset Management Inc. boosted its position in SPDR S&P Metals & Mining ETF by 20.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 25,695 shares of the exchange traded fund’s stock valued at $1,727,000 after buying an additional 4,335 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of SPDR S&P Metals & Mining ETF in the 2nd quarter valued at $1,462,000. Finally, World Investment Advisors acquired a new stake in shares of SPDR S&P Metals & Mining ETF in the 2nd quarter valued at $224,000. 86.55% of the stock is currently owned by institutional investors and hedge funds.
SPDR S&P Metals & Mining ETF Stock Down 0.6%
Shares of XME opened at $119.35 on Friday. The stock’s fifty day simple moving average is $118.10 and its 200-day simple moving average is $101.56. The firm has a market capitalization of $4.54 billion, a PE ratio of 21.07 and a beta of 1.28. SPDR S&P Metals & Mining ETF has a 12-month low of $45.89 and a 12-month high of $135.68.
SPDR S&P Metals & Mining ETF Company Profile
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