28,230 Shares of SPDR S&P Metals & Mining ETF $XME Acquired by Cumberland Advisors Inc.

Cumberland Advisors Inc. acquired a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 28,230 shares of the exchange traded fund’s stock, valued at approximately $2,923,000. SPDR S&P Metals & Mining ETF comprises 1.0% of Cumberland Advisors Inc.’s investment portfolio, making the stock its 21st largest holding. Cumberland Advisors Inc. owned approximately 0.07% of SPDR S&P Metals & Mining ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. World Investment Advisors lifted its position in SPDR S&P Metals & Mining ETF by 3.2% during the first quarter. World Investment Advisors now owns 4,218 shares of the exchange traded fund’s stock valued at $456,000 after purchasing an additional 129 shares during the last quarter. Baird Financial Group Inc. grew its stake in SPDR S&P Metals & Mining ETF by 5.0% in the 2nd quarter. Baird Financial Group Inc. now owns 2,880 shares of the exchange traded fund’s stock worth $308,000 after buying an additional 137 shares in the last quarter. Sound Financial Strategies Group LLC increased its holdings in shares of SPDR S&P Metals & Mining ETF by 3.4% in the 2nd quarter. Sound Financial Strategies Group LLC now owns 4,591 shares of the exchange traded fund’s stock worth $491,000 after buying an additional 150 shares during the last quarter. Heartwood Wealth Advisors LLC increased its holdings in shares of SPDR S&P Metals & Mining ETF by 0.9% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 17,064 shares of the exchange traded fund’s stock worth $1,767,000 after buying an additional 152 shares during the last quarter. Finally, Focus Financial Network Inc. increased its holdings in shares of SPDR S&P Metals & Mining ETF by 6.4% in the 3rd quarter. Focus Financial Network Inc. now owns 3,210 shares of the exchange traded fund’s stock worth $332,000 after buying an additional 194 shares during the last quarter. 86.55% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Metals & Mining ETF Stock Performance

SPDR S&P Metals & Mining ETF stock opened at $96.76 on Wednesday. SPDR S&P Metals & Mining ETF has a fifty-two week low of $85.63 and a fifty-two week high of $135.68. The stock has a market cap of $3.68 billion, a P/E ratio of 21.07 and a beta of 1.34. The firm’s fifty day moving average price is $107.77 and its 200-day moving average price is $112.99.

About SPDR S&P Metals & Mining ETF