Hsbc Holdings PLC Invests $17.71 Million in SPDR S&P Metals & Mining ETF $XME

Hsbc Holdings PLC purchased a new position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XMEFree Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 164,561 shares of the exchange traded fund’s stock, valued at approximately $17,713,000. Hsbc Holdings PLC owned about 0.37% of SPDR S&P Metals & Mining ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Focus Partners Wealth increased its holdings in shares of SPDR S&P Metals & Mining ETF by 60.3% in the first quarter. Focus Partners Wealth now owns 9,056 shares of the exchange traded fund’s stock valued at $507,000 after purchasing an additional 3,407 shares in the last quarter. Creative Planning acquired a new stake in SPDR S&P Metals & Mining ETF during the 2nd quarter worth $398,000. Caption Management LLC acquired a new stake in shares of SPDR S&P Metals & Mining ETF during the second quarter worth about $2,608,000. Darwin Wealth Management LLC acquired a new stake in SPDR S&P Metals & Mining ETF during the 2nd quarter worth approximately $1,294,000. Finally, MGB Wealth Management LLC lifted its position in SPDR S&P Metals & Mining ETF by 16.8% in the 2nd quarter. MGB Wealth Management LLC now owns 7,991 shares of the exchange traded fund’s stock valued at $537,000 after acquiring an additional 1,150 shares in the last quarter. 86.55% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Metals & Mining ETF Stock Performance

NYSEARCA XME opened at $101.60 on Wednesday. The stock’s 50 day moving average price is $113.19 and its two-hundred day moving average price is $115.49. The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of 21.07 and a beta of 1.26. SPDR S&P Metals & Mining ETF has a 52 week low of $71.07 and a 52 week high of $135.68.

SPDR S&P Metals & Mining ETF Profile

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Institutional Ownership by Quarter for SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

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