SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Sets New 12-Month High – Here’s What Happened

SPDR S&P Metals & Mining ETF (NYSEARCA:XMEGet Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $135.68 and last traded at $132.4420, with a volume of 637287 shares traded. The stock had previously closed at $131.44.

SPDR S&P Metals & Mining ETF Stock Up 0.3%

The stock has a market cap of $4.99 billion, a price-to-earnings ratio of 21.07 and a beta of 1.28. The company’s 50-day simple moving average is $107.75 and its 200-day simple moving average is $94.69.

Institutional Investors Weigh In On SPDR S&P Metals & Mining ETF

Hedge funds have recently modified their holdings of the stock. AE Wealth Management LLC grew its stake in SPDR S&P Metals & Mining ETF by 5,604.5% in the second quarter. AE Wealth Management LLC now owns 111,294 shares of the exchange traded fund’s stock valued at $7,481,000 after purchasing an additional 109,343 shares in the last quarter. Allianz SE lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 16.7% during the 2nd quarter. Allianz SE now owns 101,070 shares of the exchange traded fund’s stock valued at $6,794,000 after buying an additional 14,500 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter valued at about $807,000. Ameritas Advisory Services LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF in the 2nd quarter valued at approximately $83,000. Finally, Fisher Asset Management LLC increased its holdings in SPDR S&P Metals & Mining ETF by 64.6% in the second quarter. Fisher Asset Management LLC now owns 28,288 shares of the exchange traded fund’s stock worth $1,902,000 after buying an additional 11,100 shares during the last quarter. 86.55% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Metals & Mining ETF Company Profile

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