Private Advisor Group LLC Has $2.48 Million Stock Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Private Advisor Group LLC reduced its position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 16.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 43,751 shares of the exchange traded fund’s stock after selling 8,897 shares during the quarter. Private Advisor Group LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $2,483,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in XME. Independence Bank of Kentucky bought a new stake in shares of SPDR S&P Metals & Mining ETF during the fourth quarter worth approximately $31,000. 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 worth $54,000 after acquiring an additional 248 shares during the period. Wilmington Savings Fund Society FSB raised its position in shares of SPDR S&P Metals & Mining ETF by 200.6% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 959 shares of the exchange traded fund’s stock valued at $54,000 after acquiring an additional 640 shares during the last quarter. Continuum Advisory LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter valued at $55,000. Finally, RPg Family Wealth Advisory LLC bought a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter worth $61,000.

SPDR S&P Metals & Mining ETF Trading Up 0.2 %

NYSEARCA XME opened at $58.76 on Tuesday. SPDR S&P Metals & Mining ETF has a 12 month low of $53.38 and a 12 month high of $70.49. The stock has a 50-day simple moving average of $59.24 and a 200 day simple moving average of $61.66. The company has a market capitalization of $1.98 billion, a PE ratio of 6.15 and a beta of 1.20.

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.