LPL Financial LLC Grows Stock Holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

LPL Financial LLC lifted its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 30.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 549,027 shares of the exchange traded fund’s stock after acquiring an additional 128,573 shares during the quarter. LPL Financial LLC owned approximately 1.63% of SPDR S&P Metals & Mining ETF worth $32,574,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Meitav Investment House Ltd. boosted its stake in shares of SPDR S&P Metals & Mining ETF by 78.0% during the second quarter. Meitav Investment House Ltd. now owns 1,026,759 shares of the exchange traded fund’s stock valued at $60,902,000 after purchasing an additional 450,000 shares in the last quarter. Osaic Holdings Inc. increased its holdings in shares of SPDR S&P Metals & Mining ETF by 2.0% in the 1st quarter. Osaic Holdings Inc. now owns 475,635 shares of the exchange traded fund’s stock valued at $28,672,000 after acquiring an additional 9,235 shares during the period. Prudential PLC raised its position in shares of SPDR S&P Metals & Mining ETF by 604.2% in the 4th quarter. Prudential PLC now owns 302,716 shares of the exchange traded fund’s stock worth $18,111,000 after acquiring an additional 259,731 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of SPDR S&P Metals & Mining ETF by 160.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 295,778 shares of the exchange traded fund’s stock worth $17,549,000 after purchasing an additional 182,306 shares during the last quarter. Finally, Stifel Financial Corp boosted its position in SPDR S&P Metals & Mining ETF by 8.5% during the fourth quarter. Stifel Financial Corp now owns 275,960 shares of the exchange traded fund’s stock valued at $16,511,000 after purchasing an additional 21,564 shares in the last quarter.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of SPDR S&P Metals & Mining ETF stock opened at $58.61 on Tuesday. The company has a market capitalization of $1.98 billion, a PE ratio of 6.15 and a beta of 1.20. The company has a 50-day simple moving average of $59.46 and a two-hundred day simple moving average of $60.05. SPDR S&P Metals & Mining ETF has a one year low of $48.01 and a one year high of $65.37.

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.