Royal Fund Management LLC increased its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 28.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,762 shares of the exchange traded fund’s stock after acquiring an additional 8,009 shares during the period. Royal Fund Management LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $3,863,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE lifted its position in SPDR S&P Metals & Mining ETF by 302.8% in the first quarter. Bank of America Corp DE now owns 7,579,721 shares of the exchange traded fund’s stock worth $818,686,000 after purchasing an additional 5,697,852 shares during the period. Bank of Nova Scotia increased its position in shares of SPDR S&P Metals & Mining ETF by 412.3% during the 4th quarter. Bank of Nova Scotia now owns 1,035,072 shares of the exchange traded fund’s stock valued at $107,244,000 after purchasing an additional 833,020 shares during the period. Tidal Investments LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF during the 3rd quarter valued at $19,342,000. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of SPDR S&P Metals & Mining ETF in the 4th quarter worth $20,722,000. Finally, CWM LLC raised its stake in shares of SPDR S&P Metals & Mining ETF by 977.0% in the 4th quarter. CWM LLC now owns 189,856 shares of the exchange traded fund’s stock worth $19,671,000 after buying an additional 172,227 shares in the last quarter. Institutional investors and hedge funds own 86.55% of the company’s stock.
SPDR S&P Metals & Mining ETF Stock Down 3.8%
Shares of SPDR S&P Metals & Mining ETF stock opened at $97.58 on Thursday. The business has a fifty day simple moving average of $111.47 and a 200-day simple moving average of $115.10. SPDR S&P Metals & Mining ETF has a fifty-two week low of $71.07 and a fifty-two week high of $135.68. The firm has a market cap of $3.65 billion, a price-to-earnings ratio of 21.07 and a beta of 1.26.
SPDR S&P Metals & Mining ETF Company Profile
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