Baker Avenue Asset Management LP acquired a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) during the 4th quarter, Holdings Channel reports. The fund acquired 29,931 shares of the exchange traded fund’s stock, valued at approximately $3,101,000.
Other large investors have also recently added to or reduced their stakes in the company. Citigroup Inc. increased its holdings in SPDR S&P Metals & Mining ETF by 179.3% during the 3rd quarter. Citigroup Inc. now owns 485,894 shares of the exchange traded fund’s stock valued at $45,281,000 after acquiring an additional 311,902 shares in the last quarter. Raymond James Financial Inc. increased its stake in SPDR S&P Metals & Mining ETF by 6.7% in the third quarter. Raymond James Financial Inc. now owns 369,903 shares of the exchange traded fund’s stock valued at $34,471,000 after purchasing an additional 23,212 shares during the last quarter. HighTower Advisors LLC lifted its position in SPDR S&P Metals & Mining ETF by 1.1% during the third quarter. HighTower Advisors LLC now owns 323,328 shares of the exchange traded fund’s stock worth $30,131,000 after buying an additional 3,505 shares during the period. Tidal Investments LLC purchased a new position in SPDR S&P Metals & Mining ETF during the third quarter worth about $19,342,000. Finally, Bank of Nova Scotia boosted its stake in SPDR S&P Metals & Mining ETF by 5,172.8% in the 3rd quarter. Bank of Nova Scotia now owns 202,052 shares of the exchange traded fund’s stock worth $18,829,000 after buying an additional 198,220 shares during the last quarter. 86.55% of the stock is owned by institutional investors and hedge funds.
SPDR S&P Metals & Mining ETF Price Performance
XME opened at $126.45 on Friday. SPDR S&P Metals & Mining ETF has a 12 month low of $59.17 and a 12 month high of $135.68. The business has a 50-day moving average of $114.82 and a two-hundred day moving average of $112.03. The stock has a market capitalization of $5.70 billion, a price-to-earnings ratio of 21.07 and a beta of 1.23.
About SPDR S&P Metals & Mining ETF
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