First Hawaiian Bank Invests $1.36 Million in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

First Hawaiian Bank purchased a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 26,685 shares of the exchange traded fund’s stock, valued at approximately $1,356,000. First Hawaiian Bank owned about 0.07% of SPDR S&P Metals & Mining ETF at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. BlackRock Inc. acquired a new position in SPDR S&P Metals & Mining ETF during the first quarter worth $4,996,000. Cibc World Market Inc. increased its position in SPDR S&P Metals & Mining ETF by 150.2% during the first quarter. Cibc World Market Inc. now owns 34,338 shares of the exchange traded fund’s stock worth $2,105,000 after buying an additional 20,612 shares during the last quarter. Vontobel Holding Ltd. acquired a new position in SPDR S&P Metals & Mining ETF during the first quarter worth $424,000. Blair William & Co. IL increased its position in SPDR S&P Metals & Mining ETF by 29.1% during the first quarter. Blair William & Co. IL now owns 79,544 shares of the exchange traded fund’s stock worth $4,875,000 after buying an additional 17,944 shares during the last quarter. Finally, Allianz Asset Management GmbH increased its position in SPDR S&P Metals & Mining ETF by 1,122.1% during the first quarter. Allianz Asset Management GmbH now owns 208,985 shares of the exchange traded fund’s stock worth $12,809,000 after buying an additional 191,885 shares during the last quarter.

SPDR S&P Metals & Mining ETF Price Performance

SPDR S&P Metals & Mining ETF stock opened at $53.30 on Friday. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 4.92 and a beta of 1.48. SPDR S&P Metals & Mining ETF has a one year low of $40.76 and a one year high of $59.24. The company’s fifty day moving average price is $51.92 and its two-hundred day moving average price is $50.77.

About SPDR S&P Metals & Mining ETF

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.