SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Shares Acquired by Legend Financial Advisors Inc.

Legend Financial Advisors Inc. raised its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 6.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 123,266 shares of the exchange traded fund’s stock after purchasing an additional 7,462 shares during the quarter. SPDR S&P Metals & Mining ETF accounts for about 5.4% of Legend Financial Advisors Inc.’s portfolio, making the stock its 9th biggest position. Legend Financial Advisors Inc. owned approximately 0.37% of SPDR S&P Metals & Mining ETF worth $7,855,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of XME. Zions Bancorporation N.A. purchased a new stake in SPDR S&P Metals & Mining ETF in the 2nd quarter valued at $30,000. Asset Dedication LLC raised its holdings in shares of SPDR S&P Metals & Mining ETF by 963.5% in the second quarter. Asset Dedication LLC now owns 553 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 501 shares during the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the second quarter valued at about $33,000. Headlands Technologies LLC bought a new position in shares of SPDR S&P Metals & Mining ETF during the second quarter valued at about $35,000. Finally, Wellington Shields & Co. LLC purchased a new position in SPDR S&P Metals & Mining ETF during the first quarter worth about $60,000.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of XME stock opened at $66.65 on Friday. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 52-week low of $48.01 and a 52-week high of $67.01. The company has a 50-day simple moving average of $60.20 and a two-hundred day simple moving average of $60.87.

SPDR S&P Metals & Mining ETF Company 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.