HBW Advisory Services LLC acquired a new stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) in the 1st quarter, HoldingsChannel reports. The fund acquired 7,723 shares of the exchange traded fund’s stock, valued at approximately $834,000.
Several other hedge funds and other institutional investors have also made changes to their positions in XME. Bank of Nova Scotia raised its position in SPDR S&P Metals & Mining ETF by 412.3% during the fourth quarter. Bank of Nova Scotia now owns 1,035,072 shares of the exchange traded fund’s stock worth $107,244,000 after acquiring an additional 833,020 shares in the last quarter. LPL Financial LLC grew its position in shares of SPDR S&P Metals & Mining ETF by 6.5% in the 4th quarter. LPL Financial LLC now owns 608,679 shares of the exchange traded fund’s stock valued at $63,065,000 after acquiring an additional 36,989 shares during the period. Raymond James Financial Inc. increased its stake in shares of SPDR S&P Metals & Mining ETF by 6.7% during the 3rd quarter. Raymond James Financial Inc. now owns 369,903 shares of the exchange traded fund’s stock worth $34,471,000 after purchasing an additional 23,212 shares during the last quarter. Tidal Investments LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF during the 3rd quarter worth about $19,342,000. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of SPDR S&P Metals & Mining ETF during the 4th quarter worth about $20,722,000. 86.55% of the stock is owned by institutional investors.
SPDR S&P Metals & Mining ETF Stock Performance
Shares of XME stock opened at $104.42 on Wednesday. SPDR S&P Metals & Mining ETF has a 52-week low of $71.07 and a 52-week high of $135.68. The stock has a market cap of $4.18 billion, a price-to-earnings ratio of 21.07 and a beta of 1.26. The firm’s 50-day moving average is $115.47 and its 200-day moving average is $115.70.
About SPDR S&P Metals & Mining ETF
Read More
- Five stocks we like better than SPDR S&P Metals & Mining ETF
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
Want to see what other hedge funds are holding XME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report).
Receive News & Ratings for SPDR S&P Metals & Mining ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Metals & Mining ETF and related companies with MarketBeat.com's FREE daily email newsletter.
