Pekin Hardy Strauss Inc. purchased a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,463 shares of the exchange traded fund’s stock, valued at approximately $2,326,000. Pekin Hardy Strauss Inc. owned 0.06% of SPDR S&P Metals & Mining ETF at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of XME. Latitude Advisors LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF during the 3rd quarter valued at $32,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in SPDR S&P Metals & Mining ETF by 177.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 375 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 240 shares during the period. Main Street Group LTD bought a new position in SPDR S&P Metals & Mining ETF in the 1st quarter worth $43,000. Grove Bank & Trust bought a new position in SPDR S&P Metals & Mining ETF in the 2nd quarter worth $43,000. Finally, Axiom Investment Management LLC purchased a new stake in SPDR S&P Metals & Mining ETF in the 1st quarter worth $51,000. 86.55% of the stock is currently owned by institutional investors.
SPDR S&P Metals & Mining ETF Stock Performance
Shares of XME stock opened at $90.42 on Friday. SPDR S&P Metals & Mining ETF has a 52-week low of $85.63 and a 52-week high of $135.68. The firm has a market capitalization of $3.44 billion, a PE ratio of 21.07 and a beta of 1.34. The stock has a fifty day simple moving average of $106.67 and a two-hundred day simple moving average of $112.68.
About SPDR S&P Metals & Mining ETF
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