Envestnet Portfolio Solutions Inc. Purchases New Shares in SPDR S&P Metals & Mining ETF $XME

Envestnet Portfolio Solutions Inc. acquired a new position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the 3rd quarter, Holdings Channel reports. The firm acquired 5,161 shares of the exchange traded fund’s stock, valued at approximately $481,000.

A number of other institutional investors also recently modified their holdings of XME. Focus Partners Wealth grew its stake in shares of SPDR S&P Metals & Mining ETF by 60.3% in the first quarter. Focus Partners Wealth now owns 9,056 shares of the exchange traded fund’s stock valued at $507,000 after acquiring an additional 3,407 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in SPDR S&P Metals & Mining ETF in the 2nd quarter valued at about $218,000. Synergy Asset Management LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter worth approximately $228,000. Ameritas Advisory Services LLC bought a new position in shares of SPDR S&P Metals & Mining ETF during the second quarter worth approximately $83,000. Finally, Comprehensive Financial Consultants Institutional Inc. raised its position in shares of SPDR S&P Metals & Mining ETF by 17.0% in the second quarter. Comprehensive Financial Consultants Institutional Inc. now owns 7,154 shares of the exchange traded fund’s stock valued at $481,000 after buying an additional 1,040 shares in the last quarter. Institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Trading Down 6.4%

Shares of XME stock opened at $118.72 on Friday. The stock has a market cap of $4.45 billion, a P/E ratio of 21.07 and a beta of 1.28. SPDR S&P Metals & Mining ETF has a 1 year low of $45.89 and a 1 year high of $135.68. The stock has a 50 day simple moving average of $109.89 and a 200 day simple moving average of $95.63.

SPDR S&P Metals & Mining ETF Profile