Financially Speaking Inc cut its position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 80.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,550 shares of the exchange traded fund’s stock after selling 56,732 shares during the quarter. SPDR S&P Metals & Mining ETF makes up about 0.9% of Financially Speaking Inc’s investment portfolio, making the stock its 12th largest position. Financially Speaking Inc’s holdings in SPDR S&P Metals & Mining ETF were worth $1,404,000 at the end of the most recent reporting period.
Other institutional investors have also recently modified their holdings of the company. Ibex Wealth Advisors bought a new position in shares of SPDR S&P Metals & Mining ETF during the 3rd quarter valued at about $501,000. Cibc World Market Inc. grew its position in SPDR S&P Metals & Mining ETF by 22.2% during the 3rd quarter. Cibc World Market Inc. now owns 33,766 shares of the exchange traded fund’s stock worth $3,147,000 after acquiring an additional 6,130 shares during the last quarter. Sowell Financial Services LLC bought a new position in SPDR S&P Metals & Mining ETF during the 4th quarter worth approximately $2,339,000. Private Advisor Group LLC grew its position in SPDR S&P Metals & Mining ETF by 195.5% during the 3rd quarter. Private Advisor Group LLC now owns 95,843 shares of the exchange traded fund’s stock worth $8,932,000 after acquiring an additional 63,413 shares during the last quarter. Finally, AE Wealth Management LLC grew its position in SPDR S&P Metals & Mining ETF by 21.2% during the 4th quarter. AE Wealth Management LLC now owns 89,014 shares of the exchange traded fund’s stock worth $9,223,000 after acquiring an additional 15,574 shares during the last quarter. 86.55% of the stock is currently owned by institutional investors.
SPDR S&P Metals & Mining ETF Price Performance
XME opened at $120.44 on Friday. The stock’s 50 day simple moving average is $118.46 and its 200 day simple moving average is $114.25. SPDR S&P Metals & Mining ETF has a 1 year low of $64.22 and a 1 year high of $135.68. The firm has a market cap of $5.43 billion, a price-to-earnings ratio of 21.07 and a beta of 1.23.
About SPDR S&P Metals & Mining ETF
Further Reading
- Five stocks we like better than SPDR S&P Metals & Mining ETF
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Want to see what other hedge funds are holding XME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report).
Receive News & Ratings for SPDR S&P Metals & Mining ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Metals & Mining ETF and related companies with MarketBeat.com's FREE daily email newsletter.
