Citigroup Inc. Buys 311,902 Shares of SPDR S&P Metals & Mining ETF $XME

Citigroup Inc. grew its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 179.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 485,894 shares of the exchange traded fund’s stock after acquiring an additional 311,902 shares during the quarter. Citigroup Inc.’s holdings in SPDR S&P Metals & Mining ETF were worth $45,281,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. AE Wealth Management LLC grew its holdings in SPDR S&P Metals & Mining ETF by 5,604.5% during 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 purchasing an additional 109,343 shares during the period. Allianz SE raised its holdings in SPDR S&P Metals & Mining ETF by 16.7% in the second 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 period. Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of SPDR S&P Metals & Mining ETF in the 2nd quarter valued at $807,000. Cetera Investment Advisers increased its position in shares of SPDR S&P Metals & Mining ETF by 62.9% in the 2nd quarter. Cetera Investment Advisers now owns 78,510 shares of the exchange traded fund’s stock valued at $5,277,000 after buying an additional 30,310 shares in the last quarter. Finally, Cibc World Market Inc. increased its position in shares of SPDR S&P Metals & Mining ETF by 22.2% in the 3rd quarter. Cibc World Market Inc. now owns 33,766 shares of the exchange traded fund’s stock valued at $3,147,000 after buying an additional 6,130 shares in the last quarter. 86.55% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Metals & Mining ETF Trading Up 1.4%

XME stock opened at $119.37 on Wednesday. The business’s 50-day moving average price is $117.09 and its two-hundred day moving average price is $101.01. The firm has a market cap of $4.54 billion, a PE ratio of 21.07 and a beta of 1.28. SPDR S&P Metals & Mining ETF has a 1-year low of $45.89 and a 1-year high of $135.68.

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