Fisher Asset Management LLC Boosts Stock Position in SPDR S&P Metals & Mining ETF $XME

Fisher Asset Management LLC grew its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 64.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,288 shares of the exchange traded fund’s stock after buying an additional 11,100 shares during the quarter. Fisher Asset Management LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $1,902,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. AE Wealth Management LLC raised its holdings in SPDR S&P Metals & Mining ETF by 5,604.5% in the second quarter. AE Wealth Management LLC now owns 111,294 shares of the exchange traded fund’s stock valued at $7,481,000 after acquiring an additional 109,343 shares in the last quarter. Allianz SE increased its position in shares of SPDR S&P Metals & Mining ETF by 16.7% in the 2nd quarter. Allianz SE now owns 101,070 shares of the exchange traded fund’s stock worth $6,794,000 after purchasing an additional 14,500 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of SPDR S&P Metals & Mining ETF in the 2nd quarter worth about $807,000. BOS Asset Management LLC raised its stake in shares of SPDR S&P Metals & Mining ETF by 0.9% in the 2nd quarter. BOS Asset Management LLC now owns 16,414 shares of the exchange traded fund’s stock valued at $1,103,000 after purchasing an additional 149 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in shares of SPDR S&P Metals & Mining ETF during the second quarter worth about $83,000. Institutional investors and hedge funds own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Stock Performance

NYSEARCA:XME opened at $99.74 on Friday. The company has a market capitalization of $3.15 billion, a price-to-earnings ratio of 21.07 and a beta of 1.28. SPDR S&P Metals & Mining ETF has a one year low of $45.89 and a one year high of $111.09. The stock has a 50-day simple moving average of $96.93 and a 200 day simple moving average of $82.16.

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.