Fifth Third Bancorp Makes New Investment in SPDR S&P Metals & Mining ETF $XME

Fifth Third Bancorp purchased a new stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 7,054 shares of the exchange traded fund’s stock, valued at approximately $762,000.

Other institutional investors also recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC purchased a new position in SPDR S&P Metals & Mining ETF in the 4th quarter valued at approximately $25,000. Lodestone Wealth Management LLC bought a new position in shares of SPDR S&P Metals & Mining ETF in the fourth quarter worth $25,000. Turtle Creek Wealth Advisors LLC bought a new position in shares of SPDR S&P Metals & Mining ETF in the first quarter worth $27,000. Geneos Wealth Management Inc. purchased a new position in shares of SPDR S&P Metals & Mining ETF in the fourth quarter valued at $30,000. Finally, Evolution Wealth Management Inc. grew its position in shares of SPDR S&P Metals & Mining ETF by 72.1% in the fourth quarter. Evolution Wealth Management Inc. now owns 296 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 124 shares in the last quarter. 86.55% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Metals & Mining ETF Stock Performance

NYSEARCA:XME opened at $103.11 on Tuesday. SPDR S&P Metals & Mining ETF has a 52-week low of $71.07 and a 52-week high of $135.68. The firm has a market cap of $3.97 billion, a price-to-earnings ratio of 21.07 and a beta of 1.26. The business’s fifty day moving average is $111.96 and its 200 day moving average is $115.31.

SPDR S&P Metals & Mining ETF Company Profile