Private Advisor Group LLC Sells 8,897 Shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Private Advisor Group LLC cut its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 16.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,751 shares of the exchange traded fund’s stock after selling 8,897 shares during the period. Private Advisor Group LLC owned about 0.13% of SPDR S&P Metals & Mining ETF worth $2,483,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Independence Bank of Kentucky acquired a new position in SPDR S&P Metals & Mining ETF in the fourth quarter worth $31,000. Continuum Advisory LLC acquired a new position in SPDR S&P Metals & Mining ETF during the 3rd quarter worth about $55,000. Spire Wealth Management lifted its position in SPDR S&P Metals & Mining ETF by 35.4% during the 4th quarter. Spire Wealth Management now owns 948 shares of the exchange traded fund’s stock worth $54,000 after buying an additional 248 shares in the last quarter. Wilmington Savings Fund Society FSB grew its holdings in SPDR S&P Metals & Mining ETF by 200.6% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 959 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 640 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC acquired a new stake in SPDR S&P Metals & Mining ETF in the 3rd quarter valued at about $61,000.

SPDR S&P Metals & Mining ETF Trading Up 0.2 %

Shares of XME stock opened at $58.76 on Tuesday. SPDR S&P Metals & Mining ETF has a 1 year low of $53.38 and a 1 year high of $70.49. The firm’s 50 day moving average is $59.24 and its 200-day moving average is $61.66. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20.

SPDR S&P Metals & Mining ETF 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.