Migdal Insurance & Financial Holdings Ltd. Purchases 830,230 Shares of SPDR S&P Metals & Mining ETF $XME

Migdal Insurance & Financial Holdings Ltd. purchased a new stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 830,230 shares of the exchange traded fund’s stock, valued at approximately $85,979,000. Migdal Insurance & Financial Holdings Ltd. owned about 2.21% of SPDR S&P Metals & Mining ETF at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Bank of America Corp DE grew its holdings in shares of SPDR S&P Metals & Mining ETF by 302.8% during the first quarter. Bank of America Corp DE now owns 7,579,721 shares of the exchange traded fund’s stock worth $818,686,000 after purchasing an additional 5,697,852 shares during the last quarter. Royal Bank of Canada increased its position in shares of SPDR S&P Metals & Mining ETF by 9.3% during the first quarter. Royal Bank of Canada now owns 286,381 shares of the exchange traded fund’s stock worth $30,932,000 after purchasing an additional 24,319 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the 1st quarter valued at about $17,713,000. Vestor Capital LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter valued at about $10,796,000. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter valued at about $9,524,000. Institutional investors and hedge funds own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Trading Down 1.6%

Shares of NYSEARCA XME traded down $1.51 during trading hours on Friday, reaching $93.74. The stock had a trading volume of 1,157,287 shares, compared to its average volume of 2,239,820. The firm has a market cap of $3.41 billion, a price-to-earnings ratio of 15.55 and a beta of 1.35. SPDR S&P Metals & Mining ETF has a fifty-two week low of $85.63 and a fifty-two week high of $135.68. The firm has a 50-day moving average of $103.90 and a 200-day moving average of $111.70.

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. The Fund invests in industries, such as steel, coal and consumable fuels, gold, precious metals and minerals, aluminum, and diversified metals and mining. The Fund’s investment advisor is SSgA Funds Management, Inc.