Lake Street Advisors Group LLC Purchases New Shares in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Lake Street Advisors Group LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 26,346 shares of the exchange traded fund’s stock, valued at approximately $1,495,000. Lake Street Advisors Group LLC owned about 0.08% of SPDR S&P Metals & Mining ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Pettinga Financial Advisors LLC grew its stake in SPDR S&P Metals & Mining ETF by 60.6% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 10,564 shares of the exchange traded fund’s stock valued at $673,000 after purchasing an additional 3,985 shares during the period. Strategic Blueprint LLC bought a new position in SPDR S&P Metals & Mining ETF during the third quarter valued at about $225,000. Pinnacle Associates Ltd. increased its holdings in SPDR S&P Metals & Mining ETF by 10.7% during the third quarter. Pinnacle Associates Ltd. now owns 24,713 shares of the exchange traded fund’s stock worth $1,479,000 after buying an additional 2,382 shares during the last quarter. Financial Advocates Investment Management purchased a new stake in SPDR S&P Metals & Mining ETF during the third quarter worth about $12,677,000. Finally, Silver Coast Investments LLC raised its position in SPDR S&P Metals & Mining ETF by 10.5% in the third quarter. Silver Coast Investments LLC now owns 52,284 shares of the exchange traded fund’s stock worth $3,332,000 after acquiring an additional 4,961 shares during the period.

SPDR S&P Metals & Mining ETF Stock Up 0.1 %

SPDR S&P Metals & Mining ETF stock opened at $58.24 on Thursday. The firm has a 50 day moving average price of $59.21 and a 200-day moving average price of $61.64. SPDR S&P Metals & Mining ETF has a twelve month low of $53.38 and a twelve month high of $70.49. The company has a market capitalization of $1.53 billion, a P/E ratio of 13.74 and a beta of 1.41.

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.