Citigroup Inc. Grows Stock Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Citigroup Inc. raised its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 81.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 291,404 shares of the exchange traded fund’s stock after acquiring an additional 131,050 shares during the quarter. Citigroup Inc. owned approximately 0.86% of SPDR S&P Metals & Mining ETF worth $18,568,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tradewinds LLC. increased its stake in shares of SPDR S&P Metals & Mining ETF by 1.0% during the 3rd quarter. Tradewinds LLC. now owns 90,370 shares of the exchange traded fund’s stock worth $5,758,000 after purchasing an additional 918 shares in the last quarter. Overbrook Management Corp acquired a new stake in SPDR S&P Metals & Mining ETF during the 3rd quarter valued at $340,000. MWA Asset Management purchased a new position in SPDR S&P Metals & Mining ETF during the third quarter worth $328,000. Harbour Investments Inc. raised its holdings in shares of SPDR S&P Metals & Mining ETF by 2.8% in the third quarter. Harbour Investments Inc. now owns 23,648 shares of the exchange traded fund’s stock worth $1,507,000 after acquiring an additional 639 shares during the last quarter. Finally, Ted Buchan & Co lifted its position in shares of SPDR S&P Metals & Mining ETF by 29.2% in the third quarter. Ted Buchan & Co now owns 79,437 shares of the exchange traded fund’s stock valued at $5,062,000 after acquiring an additional 17,931 shares in the last quarter.

SPDR S&P Metals & Mining ETF Price Performance

SPDR S&P Metals & Mining ETF stock opened at $68.28 on Wednesday. The stock has a market capitalization of $2.30 billion, a P/E ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 12-month low of $52.76 and a 12-month high of $70.49. The firm’s 50-day moving average is $64.78 and its two-hundred day moving average is $61.86.

About SPDR S&P Metals & Mining ETF

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.