SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC boosted its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 7.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 364,932 shares of the exchange traded fund’s stock after buying an additional 25,569 shares during the quarter. HighTower Advisors LLC owned 1.36% of SPDR S&P Metals & Mining ETF worth $20,433,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its position in SPDR S&P Metals & Mining ETF by 24.4% during the fourth quarter. Bank of America Corp DE now owns 2,458,016 shares of the exchange traded fund’s stock worth $139,492,000 after buying an additional 481,655 shares during the period. LPL Financial LLC grew its position in shares of SPDR S&P Metals & Mining ETF by 5.2% in the first quarter. LPL Financial LLC now owns 457,716 shares of the exchange traded fund’s stock valued at $25,627,000 after purchasing an additional 22,694 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of SPDR S&P Metals & Mining ETF in the fourth quarter valued at approximately $20,983,000. Financial Advocates Investment Management grew its position in shares of SPDR S&P Metals & Mining ETF by 8.8% in the first quarter. Financial Advocates Investment Management now owns 256,410 shares of the exchange traded fund’s stock valued at $14,356,000 after purchasing an additional 20,778 shares during the last quarter. Finally, Lake Hills Wealth Management LLC grew its position in shares of SPDR S&P Metals & Mining ETF by 137.2% in the first quarter. Lake Hills Wealth Management LLC now owns 124,714 shares of the exchange traded fund’s stock valued at $6,983,000 after purchasing an additional 72,146 shares during the last quarter. 86.55% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Metals & Mining ETF Price Performance

XME stock opened at $79.78 on Friday. The company’s 50 day simple moving average is $71.87 and its 200-day simple moving average is $62.65. The firm has a market capitalization of $2.27 billion, a PE ratio of 21.07 and a beta of 1.48. SPDR S&P Metals & Mining ETF has a 12 month low of $45.89 and a 12 month high of $81.64.

SPDR S&P Metals & Mining ETF Company 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.