International Assets Investment Management LLC Makes New Investment in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

International Assets Investment Management LLC purchased a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 77,502 shares of the exchange traded fund’s stock, valued at approximately $4,637,000. International Assets Investment Management LLC owned 0.21% of SPDR S&P Metals & Mining ETF at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in XME. Strategic Investment Solutions Inc. IL purchased a new position in shares of SPDR S&P Metals & Mining ETF during the 1st quarter valued at $27,000. ICA Group Wealth Management LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF during the 4th quarter valued at $27,000. Money Concepts Capital Corp lifted its stake in shares of SPDR S&P Metals & Mining ETF by 291.1% during the 4th quarter. Money Concepts Capital Corp now owns 571 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 425 shares in the last quarter. EPG Wealth Management LLC lifted its stake in shares of SPDR S&P Metals & Mining ETF by 43.8% during the 2nd quarter. EPG Wealth Management LLC now owns 660 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 201 shares in the last quarter. Finally, Whittier Trust Co. lifted its stake in shares of SPDR S&P Metals & Mining ETF by 99.5% during the 3rd quarter. Whittier Trust Co. now owns 788 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 393 shares in the last quarter.

SPDR S&P Metals & Mining ETF Stock Performance

XME opened at $61.39 on Wednesday. SPDR S&P Metals & Mining ETF has a fifty-two week low of $44.17 and a fifty-two week high of $63.59. The firm’s fifty day moving average is $58.20 and its 200 day moving average is $55.68. The stock has a market cap of $2.07 billion, a price-to-earnings ratio of 6.36 and a beta of 1.24.

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.