SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Sees Strong Trading Volume

SPDR S&P Metals & Mining ETF (NYSEARCA:XMEGet Rating) shares saw strong trading volume on Monday . 452,547 shares were traded during trading, a decline of 93% from the previous session’s volume of 6,328,244 shares.The stock last traded at $50.85 and had previously closed at $52.49.

SPDR S&P Metals & Mining ETF Stock Performance

The stock has a fifty day simple moving average of $46.50 and a 200-day simple moving average of $52.22.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Spire Wealth Management increased its stake in SPDR S&P Metals & Mining ETF by 165.5% during the 1st quarter. Spire Wealth Management now owns 531 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 331 shares in the last quarter. Parallel Advisors LLC boosted its position in SPDR S&P Metals & Mining ETF by 124.0% during the 1st quarter. Parallel Advisors LLC now owns 542 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 300 shares during the last quarter. Rise Advisors LLC acquired a new stake in shares of SPDR S&P Metals & Mining ETF in the 4th quarter valued at approximately $27,000. Iron Horse Wealth Management LLC acquired a new stake in shares of SPDR S&P Metals & Mining ETF in the 1st quarter valued at approximately $40,000. Finally, Tyler Stone Wealth Management acquired a new stake in shares of SPDR S&P Metals & Mining ETF in the 4th quarter valued at approximately $30,000.

SPDR S&P Metals & Mining ETF Company Profile

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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.

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