369,740 Shares in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 369,740 shares of the exchange traded fund’s stock, valued at approximately $20,983,000. Raymond James Financial Inc. owned 1.10% of SPDR S&P Metals & Mining ETF at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in XME. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter worth about $133,812,000. JPMorgan Chase & Co. raised its holdings in shares of SPDR S&P Metals & Mining ETF by 21.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 624,702 shares of the exchange traded fund’s stock worth $39,806,000 after purchasing an additional 108,336 shares during the period. PointState Capital LP purchased a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter worth about $39,522,000. Citigroup Inc. raised its holdings in shares of SPDR S&P Metals & Mining ETF by 81.7% in the 3rd quarter. Citigroup Inc. now owns 291,404 shares of the exchange traded fund’s stock worth $18,568,000 after purchasing an additional 131,050 shares during the period. Finally, Financial Advocates Investment Management grew its stake in shares of SPDR S&P Metals & Mining ETF by 18.4% in the fourth quarter. Financial Advocates Investment Management now owns 235,632 shares of the exchange traded fund’s stock valued at $13,372,000 after buying an additional 36,691 shares in the last quarter.

SPDR S&P Metals & Mining ETF Stock Performance

XME stock opened at $57.70 on Monday. SPDR S&P Metals & Mining ETF has a 1 year low of $53.05 and a 1 year high of $70.49. The firm has a market cap of $1.60 billion, a P/E ratio of 17.04 and a beta of 1.41. The stock has a 50-day simple moving average of $59.04 and a 200-day simple moving average of $61.45.

SPDR S&P Metals & Mining ETF 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.