Herbst Group LLC lifted its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 6.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,520 shares of the exchange traded fund’s stock after acquiring an additional 2,382 shares during the quarter. SPDR S&P Metals & Mining ETF comprises approximately 1.5% of Herbst Group LLC’s holdings, making the stock its 28th biggest holding. Herbst Group LLC owned approximately 0.10% of SPDR S&P Metals & Mining ETF worth $2,110,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Strategic Investment Solutions Inc. IL acquired a new position in SPDR S&P Metals & Mining ETF in the 1st quarter worth $27,000. ICA Group Wealth Management LLC acquired a new position in SPDR S&P Metals & Mining ETF in the 4th quarter worth $27,000. Bell Investment Advisors Inc acquired a new position in SPDR S&P Metals & Mining ETF in the 1st quarter worth $28,000. Money Concepts Capital Corp lifted its holdings in SPDR S&P Metals & Mining ETF by 291.1% in the 4th quarter. Money Concepts Capital Corp now owns 571 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 425 shares in the last quarter. Finally, Tucker Asset Management LLC acquired a new position in SPDR S&P Metals & Mining ETF in the 1st quarter worth $56,000.
SPDR S&P Metals & Mining ETF Trading Down 0.2 %
XME stock traded down $0.09 during trading on Tuesday, reaching $52.66. The stock had a trading volume of 407,583 shares, compared to its average volume of 3,354,553. SPDR S&P Metals & Mining ETF has a 1-year low of $40.76 and a 1-year high of $59.24. The company has a market capitalization of $1.92 billion, a P/E ratio of 4.92 and a beta of 1.48. The firm has a fifty day moving average price of $51.95 and a 200 day moving average price of $50.65.
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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