Private Advisor Group LLC Boosts Stock Holdings in SPDR S&P Metals & Mining ETF $XME

Private Advisor Group LLC increased its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 195.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,843 shares of the exchange traded fund’s stock after acquiring an additional 63,413 shares during the period. Private Advisor Group LLC owned approximately 0.30% of SPDR S&P Metals & Mining ETF worth $8,932,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of XME. Root Financial Partners LLC purchased a new stake in SPDR S&P Metals & Mining ETF during the 3rd quarter worth about $51,000. Glass Jacobson Investment Advisors llc purchased a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter valued at about $52,000. Assetmark Inc. boosted its stake in shares of SPDR S&P Metals & Mining ETF by 33.0% in the 3rd quarter. Assetmark Inc. now owns 572 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 142 shares during the period. ORG Partners LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF during the third quarter worth about $59,000. Finally, Private Wealth Management Group LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF during the third quarter worth about $60,000. 86.55% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Metals & Mining ETF Stock Performance

XME stock opened at $114.90 on Thursday. The company’s 50 day moving average price is $119.47 and its 200 day moving average price is $103.71. The firm has a market capitalization of $4.37 billion, a price-to-earnings ratio of 21.07 and a beta of 1.28. SPDR S&P Metals & Mining ETF has a fifty-two week low of $45.89 and a fifty-two week high of $135.68.

SPDR S&P Metals & Mining ETF Profile