SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Stake Reduced by Fox Hill Wealth Management

Fox Hill Wealth Management reduced its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,504 shares of the exchange traded fund’s stock after selling 220 shares during the quarter. Fox Hill Wealth Management’s holdings in SPDR S&P Metals & Mining ETF were worth $596,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Clal Insurance Enterprises Holdings Ltd bought a new position in SPDR S&P Metals & Mining ETF during the 3rd quarter worth $133,812,000. JPMorgan Chase & Co. boosted its position in SPDR S&P Metals & Mining ETF by 21.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 624,702 shares of the exchange traded fund’s stock worth $39,806,000 after acquiring an additional 108,336 shares during the period. PointState Capital LP acquired a new position in SPDR S&P Metals & Mining ETF during the 3rd quarter worth $39,522,000. Raymond James Financial Inc. acquired a new position in SPDR S&P Metals & Mining ETF during the 4th quarter worth $20,983,000. Finally, HighTower Advisors LLC boosted its position in SPDR S&P Metals & Mining ETF by 33.6% during the 4th quarter. HighTower Advisors LLC now owns 339,363 shares of the exchange traded fund’s stock worth $19,259,000 after acquiring an additional 85,382 shares during the period.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of XME stock opened at $58.35 on Wednesday. SPDR S&P Metals & Mining ETF has a 1 year low of $53.05 and a 1 year high of $70.49. The stock has a fifty day moving average of $59.05 and a two-hundred day moving average of $61.43. The firm has a market capitalization of $1.61 billion, a PE ratio of 17.04 and a beta of 1.41.

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.