Comerica Bank Sells 1,341 Shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Comerica Bank reduced its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 11.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 10,191 shares of the exchange traded fund’s stock after selling 1,341 shares during the quarter. Comerica Bank’s holdings in SPDR S&P Metals & Mining ETF were worth $578,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of XME. Fermata Advisors LLC lifted its stake in shares of SPDR S&P Metals & Mining ETF by 4.0% during the 4th quarter. Fermata Advisors LLC now owns 12,008 shares of the exchange traded fund’s stock worth $681,000 after acquiring an additional 465 shares during the last quarter. Herbst Group LLC lifted its stake in shares of SPDR S&P Metals & Mining ETF by 104.9% during the 4th quarter. Herbst Group LLC now owns 77,819 shares of the exchange traded fund’s stock worth $4,416,000 after acquiring an additional 39,838 shares during the last quarter. Maltin Wealth Management Inc. lifted its stake in shares of SPDR S&P Metals & Mining ETF by 3.4% during the 4th quarter. Maltin Wealth Management Inc. now owns 14,854 shares of the exchange traded fund’s stock worth $843,000 after acquiring an additional 485 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of SPDR S&P Metals & Mining ETF by 23.6% during the 4th quarter. SG Americas Securities LLC now owns 47,610 shares of the exchange traded fund’s stock worth $2,702,000 after acquiring an additional 9,104 shares during the last quarter. Finally, Lake Hills Wealth Management LLC lifted its stake in shares of SPDR S&P Metals & Mining ETF by 19.3% during the 4th quarter. Lake Hills Wealth Management LLC now owns 52,568 shares of the exchange traded fund’s stock worth $2,983,000 after acquiring an additional 8,518 shares during the last quarter.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of XME stock opened at $59.09 on Thursday. SPDR S&P Metals & Mining ETF has a 52-week low of $45.89 and a 52-week high of $70.49. The firm has a market capitalization of $1.48 billion, a P/E ratio of 17.48 and a beta of 1.27. The stock has a 50 day moving average price of $55.80 and a 200 day moving average price of $59.70.

SPDR S&P Metals & Mining ETF 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.