DRW Securities LLC Grows Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

DRW Securities LLC boosted its position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 7.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,490 shares of the exchange traded fund’s stock after purchasing an additional 668 shares during the period. DRW Securities LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $605,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XME. Farther Finance Advisors LLC lifted its position in shares of SPDR S&P Metals & Mining ETF by 13.7% during the second quarter. Farther Finance Advisors LLC now owns 4,958 shares of the exchange traded fund’s stock worth $299,000 after purchasing an additional 597 shares during the last quarter. Prudential PLC boosted its position in SPDR S&P Metals & Mining ETF by 52.5% in the 2nd quarter. Prudential PLC now owns 77,560 shares of the exchange traded fund’s stock valued at $4,602,000 after buying an additional 26,700 shares during the period. LPL Financial LLC grew its stake in SPDR S&P Metals & Mining ETF by 30.6% in the 2nd quarter. LPL Financial LLC now owns 549,027 shares of the exchange traded fund’s stock worth $32,574,000 after acquiring an additional 128,573 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of SPDR S&P Metals & Mining ETF by 7.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 4,380 shares of the exchange traded fund’s stock worth $260,000 after acquiring an additional 306 shares during the period. Finally, Ted Buchan & Co bought a new stake in shares of SPDR S&P Metals & Mining ETF during the second quarter valued at approximately $3,649,000.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of NYSEARCA XME opened at $68.28 on Wednesday. The stock has a 50 day moving average price of $64.78 and a 200 day moving average price of $61.86. The firm has a market capitalization of $2.30 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 52-week low of $52.76 and a 52-week high of $70.49.

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.