SPDR S&P Metals & Mining ETF Target of Unusually Large Options Trading (NYSEARCA:XME)

SPDR S&P Metals & Mining ETF (NYSEARCA:XMEGet Free Report) saw some unusual options trading on Wednesday. Traders purchased 9,076 call options on the stock. This is an increase of approximately 59% compared to the typical volume of 5,702 call options.

Institutional Investors Weigh In On SPDR S&P Metals & Mining ETF

Large investors have recently added to or reduced their stakes in the business. Strategic Investment Solutions Inc. IL purchased a new position in shares of SPDR S&P Metals & Mining ETF in the first quarter worth about $27,000. Bell Investment Advisors Inc purchased a new position in shares of SPDR S&P Metals & Mining ETF in the first quarter worth about $28,000. ICA Group Wealth Management LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF in the fourth quarter worth about $27,000. Money Concepts Capital Corp increased its holdings in shares of SPDR S&P Metals & Mining ETF by 291.1% in the fourth quarter. Money Concepts Capital Corp now owns 571 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 425 shares during the period. Finally, EPG Wealth Management LLC increased its holdings in SPDR S&P Metals & Mining ETF by 43.8% during the 2nd quarter. EPG Wealth Management LLC now owns 660 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 201 shares during the period.

SPDR S&P Metals & Mining ETF Stock Performance

NYSEARCA:XME opened at $49.96 on Thursday. The firm has a market capitalization of $1.82 billion, a price-to-earnings ratio of 4.92 and a beta of 1.48. SPDR S&P Metals & Mining ETF has a 52-week low of $43.52 and a 52-week high of $59.24. The stock has a fifty day moving average of $51.78 and a 200 day moving average of $50.51.

SPDR S&P Metals & Mining ETF Company Profile

(Get Free Report)

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.

Further Reading

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