HighTower Advisors LLC grew its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 33.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 339,363 shares of the exchange traded fund’s stock after acquiring an additional 85,382 shares during the quarter. HighTower Advisors LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $19,259,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Clal Insurance Enterprises Holdings Ltd purchased a new position in SPDR S&P Metals & Mining ETF during the 3rd quarter worth $133,812,000. JPMorgan Chase & Co. grew its stake in SPDR S&P Metals & Mining ETF by 21.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 624,702 shares of the exchange traded fund’s stock worth $39,806,000 after buying an additional 108,336 shares during the last quarter. PointState Capital LP purchased a new position in SPDR S&P Metals & Mining ETF during the 3rd quarter worth $39,522,000. Raymond James Financial Inc. purchased a new position in SPDR S&P Metals & Mining ETF during the 4th quarter worth $20,983,000. Finally, Citigroup Inc. grew its stake in SPDR S&P Metals & Mining ETF by 81.7% during the 3rd quarter. Citigroup Inc. now owns 291,404 shares of the exchange traded fund’s stock worth $18,568,000 after buying an additional 131,050 shares during the last quarter.
SPDR S&P Metals & Mining ETF Price Performance
Shares of XME stock opened at $57.70 on Friday. SPDR S&P Metals & Mining ETF has a 1-year low of $53.05 and a 1-year high of $70.49. The stock’s fifty day moving average price is $59.04 and its 200 day moving average price is $61.44. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 17.04 and a beta of 1.41.
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.
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