Cetera Investment Advisers Sells 53,655 Shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Cetera Investment Advisers reduced its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 44.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 66,800 shares of the exchange traded fund’s stock after selling 53,655 shares during the period. Cetera Investment Advisers owned about 0.20% of SPDR S&P Metals & Mining ETF worth $3,963,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Meitav Investment House Ltd. grew its holdings in shares of SPDR S&P Metals & Mining ETF by 78.0% in the second quarter. Meitav Investment House Ltd. now owns 1,026,759 shares of the exchange traded fund’s stock worth $60,902,000 after purchasing an additional 450,000 shares during the last quarter. LPL Financial LLC grew its holdings in shares of SPDR S&P Metals & Mining ETF by 30.6% in the second quarter. LPL Financial LLC now owns 549,027 shares of the exchange traded fund’s stock worth $32,574,000 after purchasing an additional 128,573 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of SPDR S&P Metals & Mining ETF by 2.0% in the first quarter. Osaic Holdings Inc. now owns 475,635 shares of the exchange traded fund’s stock worth $28,672,000 after purchasing an additional 9,235 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of SPDR S&P Metals & Mining ETF by 160.7% in the second 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, Mirae Asset Securities USA Inc. bought a new position in shares of SPDR S&P Metals & Mining ETF in the second quarter worth approximately $14,832,000.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of SPDR S&P Metals & Mining ETF stock opened at $63.10 on Thursday. SPDR S&P Metals & Mining ETF has a 52-week low of $48.01 and a 52-week high of $65.37. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20. The company’s 50 day moving average price is $59.33 and its 200-day moving average price is $60.65.

SPDR S&P Metals & Mining ETF Company 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.