SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Reaches New 1-Year Low – Here’s What Happened

Posted by Jeff Wilder on Mar 10th, 2025

SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $53.20 and last traded at $53.14, with a volume of 2050097 shares changing hands. The stock had previously closed at $56.01.

SPDR S&P Metals & Mining ETF Trading Down 3.9 %

The company has a fifty day moving average of $59.16 and a 200-day moving average of $61.59. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 13.74 and a beta of 1.41.

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

A number of large investors have recently modified their holdings of the business. Clal Insurance Enterprises Holdings Ltd acquired a new position in SPDR S&P Metals & Mining ETF during the third quarter worth $133,812,000. PointState Capital LP purchased a new stake in SPDR S&P Metals & Mining ETF in the 3rd quarter valued at about $39,522,000. Bank of America Corp DE raised its stake in shares of SPDR S&P Metals & Mining ETF by 24.4% in the 4th quarter. Bank of America Corp DE now owns 2,458,016 shares of the exchange traded fund’s stock valued at $139,492,000 after acquiring an additional 481,655 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the 4th quarter valued at approximately $20,983,000. Finally, GTS Securities LLC lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 188.1% in the 4th quarter. GTS Securities LLC now owns 91,681 shares of the exchange traded fund’s stock worth $5,203,000 after acquiring an additional 195,802 shares during the last quarter.

About SPDR S&P Metals & Mining ETF

(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.