Private Advisor Group LLC Buys 615 Shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Private Advisor Group LLC boosted its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 1.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 32,474 shares of the exchange traded fund’s stock after acquiring an additional 615 shares during the period. Private Advisor Group LLC owned 0.10% of SPDR S&P Metals & Mining ETF worth $1,957,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Napatree Capital LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF in the fourth quarter valued at $1,485,000. Capital Management Associates NY increased its holdings in SPDR S&P Metals & Mining ETF by 185.0% in the 4th quarter. Capital Management Associates NY now owns 13,633 shares of the exchange traded fund’s stock worth $816,000 after acquiring an additional 8,850 shares during the last quarter. Benjamin Edwards Inc. raised its stake in SPDR S&P Metals & Mining ETF by 16.6% in the 4th quarter. Benjamin Edwards Inc. now owns 6,213 shares of the exchange traded fund’s stock valued at $372,000 after acquiring an additional 886 shares during the period. Legend Financial Advisors Inc. lifted its holdings in SPDR S&P Metals & Mining ETF by 0.6% during the fourth quarter. Legend Financial Advisors Inc. now owns 114,116 shares of the exchange traded fund’s stock valued at $6,828,000 after purchasing an additional 711 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in SPDR S&P Metals & Mining ETF by 1.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 89,131 shares of the exchange traded fund’s stock worth $5,333,000 after purchasing an additional 1,454 shares during the period.

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

NYSEARCA XME opened at $61.31 on Tuesday. The firm has a market cap of $2.07 billion, a P/E ratio of 6.15 and a beta of 1.20. The company’s 50 day moving average is $61.20 and its 200-day moving average is $59.35. SPDR S&P Metals & Mining ETF has a 12-month low of $48.01 and a 12-month high of $65.36.

About SPDR S&P Metals & Mining ETF

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.