Overbrook Management Corp Acquires Shares of 5,332 SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Overbrook Management Corp acquired a new stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the third quarter, Holdings Channel reports. The firm acquired 5,332 shares of the exchange traded fund’s stock, valued at approximately $340,000.

Several other hedge funds have also recently modified their holdings of the business. B. Riley Wealth Advisors Inc. grew its holdings in shares of SPDR S&P Metals & Mining ETF by 3.4% in the first quarter. B. Riley Wealth Advisors Inc. now owns 5,955 shares of the exchange traded fund’s stock worth $359,000 after acquiring an additional 198 shares during the period. E&G Advisors LP grew its holdings in shares of SPDR S&P Metals & Mining ETF by 2.4% in the second quarter. E&G Advisors LP now owns 10,116 shares of the exchange traded fund’s stock worth $600,000 after acquiring an additional 240 shares during the period. Founders Financial Alliance LLC grew its holdings in shares of SPDR S&P Metals & Mining ETF by 1.8% in the second quarter. Founders Financial Alliance LLC now owns 14,319 shares of the exchange traded fund’s stock worth $850,000 after acquiring an additional 259 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of SPDR S&P Metals & Mining ETF by 5.9% in the third quarter. Farther Finance Advisors LLC now owns 5,253 shares of the exchange traded fund’s stock worth $335,000 after acquiring an additional 295 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of SPDR S&P Metals & Mining ETF by 7.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 4,380 shares of the exchange traded fund’s stock worth $260,000 after acquiring an additional 306 shares during the period.

SPDR S&P Metals & Mining ETF Price Performance

Shares of XME opened at $67.11 on Thursday. The business has a fifty day moving average of $64.15 and a 200 day moving average of $61.71. SPDR S&P Metals & Mining ETF has a one year low of $52.31 and a one year high of $70.49. The firm has a market capitalization of $2.26 billion, a P/E 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.