Private Advisor Group LLC Has $3.36 Million Stock Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Private Advisor Group LLC cut its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 0.9% in the third quarter, Holdings Channel reports. The institutional investor owned 52,648 shares of the exchange traded fund’s stock after selling 484 shares during the quarter. Private Advisor Group LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $3,355,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of XME. B. Riley Wealth Advisors Inc. boosted its holdings in SPDR S&P Metals & Mining ETF by 3.4% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 5,955 shares of the exchange traded fund’s stock valued at $359,000 after purchasing an additional 198 shares during the period. Almanack Investment Partners LLC. lifted its stake in shares of SPDR S&P Metals & Mining ETF by 4.8% in the first quarter. Almanack Investment Partners LLC. now owns 4,923 shares of the exchange traded fund’s stock valued at $297,000 after buying an additional 227 shares during the period. E&G Advisors LP grew its position in SPDR S&P Metals & Mining ETF by 2.4% during the second quarter. E&G Advisors LP now owns 10,116 shares of the exchange traded fund’s stock worth $600,000 after buying an additional 240 shares in the last quarter. Founders Financial Alliance LLC increased its stake in SPDR S&P Metals & Mining ETF by 1.8% during the second quarter. Founders Financial Alliance LLC now owns 14,319 shares of the exchange traded fund’s stock valued at $850,000 after acquiring an additional 259 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in SPDR S&P Metals & Mining ETF by 7.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 4,380 shares of the exchange traded fund’s stock valued at $260,000 after acquiring an additional 306 shares in the last quarter.

SPDR S&P Metals & Mining ETF Trading Down 0.7 %

Shares of NYSEARCA:XME opened at $64.01 on Monday. The business’s 50 day moving average is $61.11 and its 200-day moving average is $61.00. The firm has a market capitalization of $2.16 billion, a PE ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 1-year low of $48.63 and a 1-year high of $67.20.

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.