Retirement Planning Group LLC Makes New Investment in SPDR S&P Metals & Mining ETF $XME

Retirement Planning Group LLC bought a new position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the 1st quarter, HoldingsChannel.com reports. The fund bought 23,494 shares of the exchange traded fund’s stock, valued at approximately $2,538,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Marshall Investment Management LLC acquired a new stake in shares of SPDR S&P Metals & Mining ETF during the 4th quarter worth about $694,000. AE Wealth Management LLC lifted its position in SPDR S&P Metals & Mining ETF by 21.2% in the fourth quarter. AE Wealth Management LLC now owns 89,014 shares of the exchange traded fund’s stock valued at $9,223,000 after buying an additional 15,574 shares during the last quarter. Sowell Financial Services LLC purchased a new position in SPDR S&P Metals & Mining ETF during the fourth quarter worth about $2,339,000. Uniting Wealth Partners LLC purchased a new position in SPDR S&P Metals & Mining ETF during the fourth quarter worth about $5,538,000. Finally, Royal Fund Management LLC acquired a new stake in shares of SPDR S&P Metals & Mining ETF during the fourth quarter valued at about $2,875,000. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Stock Performance

SPDR S&P Metals & Mining ETF stock opened at $102.09 on Tuesday. The company’s 50 day simple moving average is $115.76 and its 200-day simple moving average is $115.72. SPDR S&P Metals & Mining ETF has a 1 year low of $71.07 and a 1 year high of $135.68. The company has a market capitalization of $4.07 billion, a price-to-earnings ratio of 21.07 and a beta of 1.26.

About SPDR S&P Metals & Mining ETF