Allianz SE Purchases Shares of 77,070 SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Allianz SE acquired a new position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 77,070 shares of the exchange traded fund’s stock, valued at approximately $4,337,000.

A number of other large investors have also made changes to their positions in XME. Independence Bank of Kentucky acquired a new stake in SPDR S&P Metals & Mining ETF during the fourth quarter worth about $31,000. Spire Wealth Management lifted its position in shares of SPDR S&P Metals & Mining ETF by 35.4% in the 4th quarter. Spire Wealth Management now owns 948 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 248 shares during the period. Wilmington Savings Fund Society FSB grew its holdings in shares of SPDR S&P Metals & Mining ETF by 200.6% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 959 shares of the exchange traded fund’s stock worth $54,000 after purchasing an additional 640 shares in the last quarter. Continuum Advisory LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF during the third quarter valued at approximately $55,000. Finally, Rialto Wealth Management LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF in the fourth quarter valued at $102,000.

SPDR S&P Metals & Mining ETF Price Performance

XME opened at $56.62 on Friday. The company has a market capitalization of $1.57 billion, a P/E ratio of 17.04 and a beta of 1.41. The firm’s fifty day moving average price is $58.95 and its two-hundred day moving average price is $61.53. SPDR S&P Metals & Mining ETF has a fifty-two week low of $53.05 and a fifty-two week high of $70.49.

SPDR S&P Metals & Mining ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were paid a $0.0688 dividend. The ex-dividend date of this dividend was Monday, March 24th.

SPDR S&P Metals & Mining ETF 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.