SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Get Free Report) saw unusually large options trading activity on Tuesday. Traders bought 16,055 call options on the company. This is an increase of approximately 372% compared to the average volume of 3,398 call options.
SPDR S&P Metals & Mining ETF Stock Performance
NYSEARCA:XME traded up $2.38 during trading hours on Tuesday, reaching $121.00. The stock had a trading volume of 200,803 shares, compared to its average volume of 2,411,388. The stock has a 50 day simple moving average of $109.69 and a 200 day simple moving average of $113.62. SPDR S&P Metals & Mining ETF has a 12-month low of $83.11 and a 12-month high of $135.68. The stock has a market cap of $4.62 billion, a P/E ratio of 21.07 and a beta of 1.29.
Institutional Investors Weigh In On SPDR S&P Metals & Mining ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Forefront Wealth Partners LLC increased its stake in shares of SPDR S&P Metals & Mining ETF by 3.4% in the fourth quarter. Forefront Wealth Partners LLC now owns 2,582 shares of the exchange traded fund’s stock worth $268,000 after purchasing an additional 84 shares in the last quarter. Keudell Morrison Wealth Management lifted its stake in shares of SPDR S&P Metals & Mining ETF by 4.1% during the 1st quarter. Keudell Morrison Wealth Management now owns 2,910 shares of the exchange traded fund’s stock valued at $314,000 after buying an additional 115 shares in the last quarter. Evolution Wealth Management Inc. boosted its holdings in SPDR S&P Metals & Mining ETF by 72.1% in the 4th quarter. Evolution Wealth Management Inc. now owns 296 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 124 shares during the period. World Investment Advisors grew its stake in SPDR S&P Metals & Mining ETF by 3.2% in the 1st quarter. World Investment Advisors now owns 4,218 shares of the exchange traded fund’s stock valued at $456,000 after buying an additional 129 shares in the last quarter. Finally, Sound Financial Strategies Group LLC grew its stake in SPDR S&P Metals & Mining ETF by 3.4% in the 2nd quarter. Sound Financial Strategies Group LLC now owns 4,591 shares of the exchange traded fund’s stock valued at $491,000 after buying an additional 150 shares in the last quarter. 86.55% of the stock is currently owned by institutional investors.
About SPDR S&P Metals & Mining ETF
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