SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC reduced its position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 22.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,600 shares of the exchange traded fund’s stock after selling 11,200 shares during the period. Renaissance Technologies LLC owned about 0.12% of SPDR S&P Metals & Mining ETF worth $2,349,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Meitav Investment House Ltd. boosted its holdings in SPDR S&P Metals & Mining ETF by 78.0% in the second quarter. Meitav Investment House Ltd. now owns 1,026,759 shares of the exchange traded fund’s stock valued at $60,902,000 after purchasing an additional 450,000 shares during the last quarter. LPL Financial LLC grew its position in shares of SPDR S&P Metals & Mining ETF by 30.6% during the second quarter. LPL Financial LLC now owns 549,027 shares of the exchange traded fund’s stock worth $32,574,000 after buying an additional 128,573 shares in the last quarter. Osaic Holdings Inc. grew its position in shares of SPDR S&P Metals & Mining ETF by 2.0% during the first quarter. Osaic Holdings Inc. now owns 475,635 shares of the exchange traded fund’s stock worth $28,672,000 after buying an additional 9,235 shares in the last quarter. Prudential PLC increased its stake in shares of SPDR S&P Metals & Mining ETF by 604.2% in the fourth quarter. Prudential PLC now owns 302,716 shares of the exchange traded fund’s stock worth $18,111,000 after buying an additional 259,731 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in SPDR S&P Metals & Mining ETF by 160.7% in the second quarter. Commonwealth Equity Services LLC now owns 295,778 shares of the exchange traded fund’s stock valued at $17,549,000 after acquiring an additional 182,306 shares in the last quarter.

SPDR S&P Metals & Mining ETF Price Performance

Shares of XME stock opened at $63.84 on Wednesday. The firm has a fifty day moving average of $59.17 and a two-hundred day moving average of $60.37. The firm has a market cap of $2.15 billion, a P/E ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 1-year low of $48.01 and a 1-year high of $65.37.

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.