Pettinga Financial Advisors LLC Raises Position in SPDR S&P Metals & Mining ETF $XME

Pettinga Financial Advisors LLC increased its position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 2.4% in the second quarter, HoldingsChannel.com reports. The fund owned 14,384 shares of the exchange traded fund’s stock after buying an additional 340 shares during the period. Pettinga Financial Advisors LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $967,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BOS Asset Management LLC boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 0.9% during the 2nd quarter. BOS Asset Management LLC now owns 16,414 shares of the exchange traded fund’s stock worth $1,103,000 after purchasing an additional 149 shares during the last quarter. LaSalle St. Investment Advisors LLC boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 2.0% during the 1st quarter. LaSalle St. Investment Advisors LLC now owns 9,761 shares of the exchange traded fund’s stock worth $546,000 after purchasing an additional 193 shares during the last quarter. Modern Wealth Management LLC boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 2.3% during the 1st quarter. Modern Wealth Management LLC now owns 10,479 shares of the exchange traded fund’s stock worth $587,000 after purchasing an additional 238 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 2.1% during the 1st quarter. Integrated Wealth Concepts LLC now owns 11,741 shares of the exchange traded fund’s stock worth $657,000 after purchasing an additional 246 shares during the last quarter. Finally, Harbour Investments Inc. boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 1.4% during the 2nd quarter. Harbour Investments Inc. now owns 25,741 shares of the exchange traded fund’s stock worth $1,730,000 after purchasing an additional 360 shares during the last quarter. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of SPDR S&P Metals & Mining ETF stock opened at $107.93 on Thursday. The firm has a market capitalization of $3.38 billion, a price-to-earnings ratio of 21.07 and a beta of 1.48. SPDR S&P Metals & Mining ETF has a fifty-two week low of $45.89 and a fifty-two week high of $111.09. The stock has a 50 day moving average of $87.94 and a 200 day moving average of $71.70.

SPDR S&P Metals & Mining ETF Profile

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.