Steward Partners Investment Advisory LLC Sells 1,200 Shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Steward Partners Investment Advisory LLC reduced its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 32.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,513 shares of the exchange traded fund’s stock after selling 1,200 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $143,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter valued at about $133,812,000. PointState Capital LP bought a new position in shares of SPDR S&P Metals & Mining ETF during the 3rd quarter worth approximately $39,522,000. Citigroup Inc. boosted its position in SPDR S&P Metals & Mining ETF by 81.7% during the third quarter. Citigroup Inc. now owns 291,404 shares of the exchange traded fund’s stock worth $18,568,000 after purchasing an additional 131,050 shares during the period. JPMorgan Chase & Co. boosted its position in SPDR S&P Metals & Mining ETF by 21.0% during the third quarter. JPMorgan Chase & Co. now owns 624,702 shares of the exchange traded fund’s stock worth $39,806,000 after purchasing an additional 108,336 shares during the period. Finally, Capital Wealth Planning LLC boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 297.0% during the fourth quarter. Capital Wealth Planning LLC now owns 87,644 shares of the exchange traded fund’s stock worth $4,974,000 after acquiring an additional 65,567 shares during the period.

SPDR S&P Metals & Mining ETF Stock Up 3.0 %

Shares of NYSEARCA:XME opened at $57.70 on Monday. The business has a 50 day moving average of $59.04 and a 200-day moving average of $61.45. The stock has a market cap of $1.60 billion, a PE ratio of 17.04 and a beta of 1.41. SPDR S&P Metals & Mining ETF has a 12-month low of $53.05 and a 12-month high of $70.49.

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.