SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 1.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 89,131 shares of the exchange traded fund’s stock after acquiring an additional 1,454 shares during the quarter. PNC Financial Services Group Inc. owned about 0.24% of SPDR S&P Metals & Mining ETF worth $5,333,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of XME. Fifth Third Bancorp acquired a new position in shares of SPDR S&P Metals & Mining ETF in the 4th quarter valued at about $42,000. Quintet Private Bank Europe S.A. acquired a new position in shares of SPDR S&P Metals & Mining ETF in the 4th quarter valued at about $45,000. Belpointe Asset Management LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter valued at about $203,000. Axxcess Wealth Management LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF in the 4th quarter valued at about $212,000. Finally, Avitas Wealth Management LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF in the 4th quarter valued at about $213,000.

SPDR S&P Metals & Mining ETF Stock Up 0.3 %

Shares of XME stock opened at $58.50 on Wednesday. The stock has a market cap of $1.97 billion, a PE ratio of 6.15 and a beta of 1.20. The business has a 50-day simple moving average of $61.53 and a 200-day simple moving average of $58.98. SPDR S&P Metals & Mining ETF has a 52-week low of $48.01 and a 52-week high of $65.36.

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.