Lake Street Advisors Group LLC Acquires New Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Lake Street Advisors Group LLC bought a new position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 26,346 shares of the exchange traded fund’s stock, valued at approximately $1,495,000.

Several other large investors have also recently modified their holdings of the business. Independence Bank of Kentucky purchased a new position in shares of SPDR S&P Metals & Mining ETF in the fourth quarter valued at $31,000. Continuum Advisory LLC purchased a new position in SPDR S&P Metals & Mining ETF during the 3rd quarter valued at about $55,000. Spire Wealth Management grew its holdings in SPDR S&P Metals & Mining ETF by 35.4% during the 4th quarter. Spire Wealth Management now owns 948 shares of the exchange traded fund’s stock valued at $54,000 after buying an additional 248 shares in the last quarter. Wilmington Savings Fund Society FSB increased its position in shares of SPDR S&P Metals & Mining ETF by 200.6% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 959 shares of the exchange traded fund’s stock valued at $54,000 after buying an additional 640 shares during the period. Finally, RPg Family Wealth Advisory LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the third quarter worth about $61,000.

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

XME stock opened at $58.24 on Thursday. The firm has a 50 day moving average of $59.21 and a 200-day moving average of $61.64. The firm has a market capitalization of $1.53 billion, a P/E ratio of 13.74 and a beta of 1.41. SPDR S&P Metals & Mining ETF has a 12 month low of $53.38 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.