Founders Financial Securities LLC reduced its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 18.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 25,173 shares of the exchange traded fund’s stock after selling 5,617 shares during the quarter. Founders Financial Securities LLC owned about 0.06% of SPDR S&P Metals & Mining ETF worth $2,837,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in XME. Focus Partners Wealth boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 60.3% during the 1st quarter. Focus Partners Wealth now owns 9,056 shares of the exchange traded fund’s stock worth $507,000 after buying an additional 3,407 shares in the last quarter. Creative Planning bought a new stake in shares of SPDR S&P Metals & Mining ETF in the 2nd quarter valued at $398,000. Caption Management LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter valued at $2,608,000. Darwin Wealth Management LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter valued at $1,294,000. Finally, MGB Wealth Management LLC boosted its stake in SPDR S&P Metals & Mining ETF by 16.8% during the second quarter. MGB Wealth Management LLC now owns 7,991 shares of the exchange traded fund’s stock worth $537,000 after acquiring an additional 1,150 shares in the last quarter. 86.55% of the stock is owned by institutional investors and hedge funds.
SPDR S&P Metals & Mining ETF Price Performance
Shares of NYSEARCA XME opened at $117.02 on Friday. The firm has a market cap of $5.27 billion, a PE ratio of 21.07 and a beta of 1.23. The company’s fifty day simple moving average is $119.21 and its 200 day simple moving average is $115.09. SPDR S&P Metals & Mining ETF has a 12-month low of $65.09 and a 12-month high of $135.68.
SPDR S&P Metals & Mining ETF Profile
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