Brown Brothers Harriman & Co. Invests $103,000 in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Brown Brothers Harriman & Co. acquired a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 1,616 shares of the exchange traded fund’s stock, valued at approximately $103,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. DRW Securities LLC grew its position in SPDR S&P Metals & Mining ETF by 7.6% in the third quarter. DRW Securities LLC now owns 9,490 shares of the exchange traded fund’s stock worth $605,000 after buying an additional 668 shares during the last quarter. Fisher Asset Management LLC grew its holdings in shares of SPDR S&P Metals & Mining ETF by 5.2% in the 3rd quarter. Fisher Asset Management LLC now owns 14,275 shares of the exchange traded fund’s stock worth $910,000 after acquiring an additional 710 shares during the last quarter. GenTrust LLC acquired a new stake in shares of SPDR S&P Metals & Mining ETF during the third quarter worth $258,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the third quarter valued at $133,812,000. Finally, Citigroup Inc. boosted its position in shares of SPDR S&P Metals & Mining ETF by 81.7% in the 3rd quarter. Citigroup Inc. now owns 291,404 shares of the exchange traded fund’s stock valued at $18,568,000 after purchasing an additional 131,050 shares during the period.

SPDR S&P Metals & Mining ETF Stock Up 0.2 %

NYSEARCA:XME opened at $68.43 on Friday. SPDR S&P Metals & Mining ETF has a 1-year low of $52.76 and a 1-year high of $70.49. The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20. The stock has a fifty day simple moving average of $65.17 and a 200 day simple moving average of $61.96.

About SPDR S&P Metals & Mining ETF

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.