Vanderbilt University Has $77.92 Million Position in SPDR S&P Metals & Mining ETF $XME

Vanderbilt University reduced its position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 25.9% in the first quarter, Holdings Channel.com reports. The fund owned 721,414 shares of the exchange traded fund’s stock after selling 252,145 shares during the period. SPDR S&P Metals & Mining ETF makes up about 14.8% of Vanderbilt University’s investment portfolio, making the stock its 2nd largest position. Vanderbilt University’s holdings in SPDR S&P Metals & Mining ETF were worth $77,920,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in XME. Bank of Nova Scotia boosted its stake in SPDR S&P Metals & Mining ETF by 412.3% during the 4th quarter. Bank of Nova Scotia now owns 1,035,072 shares of the exchange traded fund’s stock valued at $107,244,000 after purchasing an additional 833,020 shares during the last quarter. Citigroup Inc. raised its stake in shares of SPDR S&P Metals & Mining ETF by 179.3% in the third quarter. Citigroup Inc. now owns 485,894 shares of the exchange traded fund’s stock worth $45,281,000 after purchasing an additional 311,902 shares during the last quarter. Tidal Investments LLC bought a new position in shares of SPDR S&P Metals & Mining ETF during the third quarter valued at $19,342,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of SPDR S&P Metals & Mining ETF during the fourth quarter valued at $20,722,000. Finally, CWM LLC boosted its position in shares of SPDR S&P Metals & Mining ETF by 977.0% during the fourth quarter. CWM LLC now owns 189,856 shares of the exchange traded fund’s stock valued at $19,671,000 after buying an additional 172,227 shares during the last quarter. 86.55% of the stock is owned by institutional investors.

SPDR S&P Metals & Mining ETF Stock Performance

NYSEARCA XME opened at $107.22 on Thursday. SPDR S&P Metals & Mining ETF has a one year low of $65.09 and a one year high of $135.68. The stock has a 50-day moving average of $119.05 and a 200 day moving average of $115.48. The company has a market capitalization of $4.83 billion, a price-to-earnings ratio of 21.07 and a beta of 1.23.

SPDR S&P Metals & Mining ETF Profile