Fiduciary Financial Group LLC Raises Stock Position in SPDR S&P Metals & Mining ETF $XME

Fiduciary Financial Group LLC grew its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XMEFree Report) by 26.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 74,449 shares of the exchange traded fund’s stock after acquiring an additional 15,452 shares during the period. SPDR S&P Metals & Mining ETF comprises about 0.9% of Fiduciary Financial Group LLC’s holdings, making the stock its 23rd biggest position. Fiduciary Financial Group LLC owned about 0.19% of SPDR S&P Metals & Mining ETF worth $7,961,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE grew its holdings in shares of SPDR S&P Metals & Mining ETF by 302.8% in the 1st quarter. Bank of America Corp DE now owns 7,579,721 shares of the exchange traded fund’s stock worth $818,686,000 after acquiring an additional 5,697,852 shares during the period. Bank of Nova Scotia raised its holdings in SPDR S&P Metals & Mining ETF by 412.3% during the fourth quarter. Bank of Nova Scotia now owns 1,035,072 shares of the exchange traded fund’s stock worth $107,244,000 after purchasing an additional 833,020 shares during the last quarter. LPL Financial LLC raised its holdings in SPDR S&P Metals & Mining ETF by 6.5% during the fourth quarter. LPL Financial LLC now owns 608,679 shares of the exchange traded fund’s stock worth $63,065,000 after purchasing an additional 36,989 shares during the last quarter. Raymond James Financial Inc. boosted its position in SPDR S&P Metals & Mining ETF by 6.7% during the third quarter. Raymond James Financial Inc. now owns 369,903 shares of the exchange traded fund’s stock worth $34,471,000 after purchasing an additional 23,212 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in SPDR S&P Metals & Mining ETF by 9.3% during the first quarter. Royal Bank of Canada now owns 286,381 shares of the exchange traded fund’s stock worth $30,932,000 after purchasing an additional 24,319 shares in the last quarter. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Stock Performance

SPDR S&P Metals & Mining ETF stock opened at $117.83 on Wednesday. SPDR S&P Metals & Mining ETF has a fifty-two week low of $76.46 and a fifty-two week high of $135.68. The firm has a market capitalization of $4.50 billion, a price-to-earnings ratio of 21.07 and a beta of 1.27. The stock’s fifty day moving average is $109.07 and its two-hundred day moving average is $114.26.

SPDR S&P Metals & Mining ETF Profile

(Free Report)

Further Reading

Institutional Ownership by Quarter for SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Receive News & Ratings for SPDR S&P Metals & Mining ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Metals & Mining ETF and related companies with MarketBeat.com's FREE daily email newsletter.