SPDR S&P Metals & Mining ETF $XME Shares Sold by Canton Hathaway LLC

Canton Hathaway LLC lowered its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 17.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,376 shares of the exchange traded fund’s stock after selling 500 shares during the period. Canton Hathaway LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $160,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Menora Mivtachim Holdings LTD. acquired a new position in shares of SPDR S&P Metals & Mining ETF in the 1st quarter worth approximately $48,042,000. LPL Financial LLC grew its stake in shares of SPDR S&P Metals & Mining ETF by 5.2% in the 1st quarter. LPL Financial LLC now owns 457,716 shares of the exchange traded fund’s stock worth $25,627,000 after purchasing an additional 22,694 shares during the last quarter. HighTower Advisors LLC increased its position in shares of SPDR S&P Metals & Mining ETF by 7.5% in the first quarter. HighTower Advisors LLC now owns 364,932 shares of the exchange traded fund’s stock worth $20,433,000 after acquiring an additional 25,569 shares in the last quarter. Hsbc Holdings PLC raised its holdings in shares of SPDR S&P Metals & Mining ETF by 4,583.6% during the first quarter. Hsbc Holdings PLC now owns 180,506 shares of the exchange traded fund’s stock valued at $9,998,000 after acquiring an additional 176,652 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of SPDR S&P Metals & Mining ETF during the first quarter valued at approximately $8,260,000. Institutional investors and hedge funds own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Price Performance

XME stock opened at $96.42 on Friday. SPDR S&P Metals & Mining ETF has a 52-week low of $45.89 and a 52-week high of $111.09. The company’s 50 day simple moving average is $92.60 and its 200-day simple moving average is $75.49. The firm has a market capitalization of $3.10 billion, a P/E ratio of 21.07 and a beta of 1.28.

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.