Daiwa Securities Group Inc. boosted its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 4.1% during the fourth quarter, HoldingsChannel reports. The fund owned 23,080 shares of the exchange traded fund’s stock after buying an additional 900 shares during the period. Daiwa Securities Group Inc.’s holdings in SPDR S&P Metals & Mining ETF were worth $1,310,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Rialto Wealth Management LLC acquired a new position in SPDR S&P Metals & Mining ETF during the fourth quarter worth $102,000. PNC Financial Services Group Inc. lifted its stake in SPDR S&P Metals & Mining ETF by 0.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 76,289 shares of the exchange traded fund’s stock worth $4,329,000 after purchasing an additional 687 shares in the last quarter. Raymond James Financial Inc. acquired a new position in SPDR S&P Metals & Mining ETF during the fourth quarter worth $20,983,000. Meridian Wealth Management LLC acquired a new position in SPDR S&P Metals & Mining ETF during the fourth quarter worth $359,000. Finally, Silver Coast Investments LLC lifted its stake in SPDR S&P Metals & Mining ETF by 3.3% during the fourth quarter. Silver Coast Investments LLC now owns 53,986 shares of the exchange traded fund’s stock worth $3,064,000 after purchasing an additional 1,702 shares in the last quarter.
SPDR S&P Metals & Mining ETF Trading Up 3.0 %
SPDR S&P Metals & Mining ETF stock opened at $57.70 on Friday. SPDR S&P Metals & Mining ETF has a twelve month low of $53.05 and a twelve month high of $70.49. The stock’s fifty day simple moving average is $59.04 and its 200-day simple moving average is $61.44. The firm has a market capitalization of $1.60 billion, a P/E ratio of 17.04 and a beta of 1.41.
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.
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