Stifel Financial Corp Reduces Holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Stifel Financial Corp lessened its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 35.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,782 shares of the exchange traded fund’s stock after selling 29,507 shares during the quarter. Stifel Financial Corp owned approximately 0.16% of SPDR S&P Metals & Mining ETF worth $3,363,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Clal Insurance Enterprises Holdings Ltd acquired a new position in SPDR S&P Metals & Mining ETF during the third quarter worth about $133,812,000. Meitav Investment House Ltd. boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 78.0% during the 2nd quarter. Meitav Investment House Ltd. now owns 1,026,759 shares of the exchange traded fund’s stock worth $60,902,000 after purchasing an additional 450,000 shares during the last quarter. PointState Capital LP purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the third quarter valued at approximately $39,522,000. LPL Financial LLC grew its position in shares of SPDR S&P Metals & Mining ETF by 30.6% in the second quarter. LPL Financial LLC now owns 549,027 shares of the exchange traded fund’s stock valued at $32,574,000 after purchasing an additional 128,573 shares in the last quarter. Finally, Raymond James & Associates increased its holdings 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.

SPDR S&P Metals & Mining ETF Stock Performance

NYSEARCA XME opened at $61.15 on Tuesday. The stock’s fifty day moving average is $65.96 and its two-hundred day moving average is $62.17. The firm has a market capitalization of $2.06 billion, a P/E ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a fifty-two week low of $53.38 and a fifty-two week high of $70.49.

SPDR S&P Metals & Mining ETF 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.