DRW Securities LLC Takes Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

DRW Securities LLC acquired a new stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 8,822 shares of the exchange traded fund’s stock, valued at approximately $523,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Zions Bancorporation N.A. bought a new stake in SPDR S&P Metals & Mining ETF during the second quarter valued at about $30,000. Asset Dedication LLC grew its stake in SPDR S&P Metals & Mining ETF by 963.5% during the second quarter. Asset Dedication LLC now owns 553 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 501 shares in the last quarter. Headlands Technologies LLC bought a new stake in SPDR S&P Metals & Mining ETF in the 2nd quarter valued at $35,000. Quintet Private Bank Europe S.A. purchased a new stake in SPDR S&P Metals & Mining ETF in the 4th quarter worth $45,000. Finally, Wellington Shields & Co. LLC bought a new position in shares of SPDR S&P Metals & Mining ETF during the 1st quarter valued at about $60,000.

SPDR S&P Metals & Mining ETF Trading Up 0.7 %

Shares of SPDR S&P Metals & Mining ETF stock opened at $60.69 on Tuesday. The firm has a market cap of $2.05 billion, a PE ratio of 6.15 and a beta of 1.20. The stock has a 50 day moving average of $59.12 and a 200 day moving average of $60.14. SPDR S&P Metals & Mining ETF has a 12 month low of $48.01 and a 12 month high of $65.37.

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.