Metals ETF Closing In On 52-Week High (XME)

The SPDR S&P Metals and Mining ETF XME is closing in on a new 52-week high on Thursday. The ETF has surged 3.94% to $59.12 on heavy volume. The year-to-date high in this name is $60.48, which was hit in April. 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.