Bank of Nova Scotia Sells 691,035 Shares of SPDR S&P Metals & Mining ETF $XME

Posted by ABMN Staff on Jul 25th, 2026

Bank of Nova Scotia cut its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 66.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 344,037 shares of the exchange traded fund’s stock after selling 691,035 shares during the quarter. Bank of Nova Scotia owned 0.76% of SPDR S&P Metals & Mining ETF worth $37,159,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. AE Wealth Management LLC boosted its stake in shares of SPDR S&P Metals & Mining ETF by 21.2% during the 4th quarter. AE Wealth Management LLC now owns 89,014 shares of the exchange traded fund’s stock valued at $9,223,000 after purchasing an additional 15,574 shares in the last quarter. Uniting Wealth Partners LLC bought a new stake in SPDR S&P Metals & Mining ETF during the fourth quarter worth about $5,538,000. Sowell Financial Services LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF in the 4th quarter worth about $2,339,000. Marshall Investment Management LLC purchased a new stake in SPDR S&P Metals & Mining ETF during the 4th quarter valued at about $694,000. Finally, Royal Fund Management LLC bought a new stake in SPDR S&P Metals & Mining ETF during the 4th quarter valued at about $2,875,000. 86.55% of the stock is currently owned by institutional investors.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of NYSEARCA XME opened at $101.74 on Friday. The firm’s 50 day moving average price is $112.16 and its 200-day moving average price is $115.36. SPDR S&P Metals & Mining ETF has a 52-week low of $71.07 and a 52-week high of $135.68. The company has a market cap of $3.92 billion, a PE ratio of 21.07 and a beta of 1.26.