Fermata Advisors LLC Grows Stock Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Fermata Advisors LLC grew its position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 4.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,008 shares of the exchange traded fund’s stock after purchasing an additional 465 shares during the period. Fermata Advisors LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $681,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd purchased a new stake in SPDR S&P Metals & Mining ETF during the 3rd quarter worth $133,812,000. JPMorgan Chase & Co. increased its position in shares of SPDR S&P Metals & Mining ETF by 21.0% during the third quarter. JPMorgan Chase & Co. now owns 624,702 shares of the exchange traded fund’s stock worth $39,806,000 after acquiring an additional 108,336 shares during the last quarter. PointState Capital LP acquired a new position in shares of SPDR S&P Metals & Mining ETF in the third quarter worth about $39,522,000. Raymond James & Associates boosted its holdings in SPDR S&P Metals & Mining ETF by 274.5% in the third quarter. Raymond James & Associates now owns 305,812 shares of the exchange traded fund’s stock valued at $19,486,000 after purchasing an additional 224,151 shares during the last quarter. Finally, Citigroup Inc. grew its stake in SPDR S&P Metals & Mining ETF by 81.7% during the 3rd quarter. Citigroup Inc. now owns 291,404 shares of the exchange traded fund’s stock valued at $18,568,000 after purchasing an additional 131,050 shares in the last quarter.

SPDR S&P Metals & Mining ETF Stock Up 0.0 %

XME stock opened at $59.80 on Friday. The stock’s 50 day moving average is $62.58 and its two-hundred day moving average is $61.79. SPDR S&P Metals & Mining ETF has a 52-week low of $53.38 and a 52-week high of $70.49. The company has a market capitalization of $2.02 billion, a PE ratio of 6.15 and a beta of 1.20.

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.