SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 21.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 624,702 shares of the exchange traded fund’s stock after buying an additional 108,336 shares during the period. JPMorgan Chase & Co.’s holdings in SPDR S&P Metals & Mining ETF were worth $39,806,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of XME. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter worth about $133,812,000. PointState Capital LP acquired a new stake in shares of SPDR S&P Metals & Mining ETF in the third quarter valued at approximately $39,522,000. Raymond James & Associates grew its position in shares of SPDR S&P Metals & Mining ETF by 274.5% in the third quarter. Raymond James & Associates now owns 305,812 shares of the exchange traded fund’s stock valued at $19,486,000 after purchasing an additional 224,151 shares during the last quarter. Financial Advocates Investment Management purchased a new position in shares of SPDR S&P Metals & Mining ETF during the 3rd quarter worth approximately $12,677,000. Finally, Citigroup Inc. raised its position in shares of SPDR S&P Metals & Mining ETF by 81.7% during the 3rd quarter. Citigroup Inc. now owns 291,404 shares of the exchange traded fund’s stock worth $18,568,000 after purchasing an additional 131,050 shares during the last quarter.

SPDR S&P Metals & Mining ETF Stock Down 0.4 %

NYSEARCA XME opened at $57.38 on Monday. SPDR S&P Metals & Mining ETF has a fifty-two week low of $53.38 and a fifty-two week high of $70.49. The business has a fifty day moving average of $63.88 and a 200-day moving average of $61.86. The stock has a market cap of $1.94 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20.

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.