SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Position Increased by Legend Financial Advisors Inc.

Legend Financial Advisors Inc. raised its position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 0.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 124,406 shares of the exchange traded fund’s stock after purchasing an additional 1,140 shares during the quarter. SPDR S&P Metals & Mining ETF accounts for 5.0% of Legend Financial Advisors Inc.’s portfolio, making the stock its 10th largest position. Legend Financial Advisors Inc. owned approximately 0.37% of SPDR S&P Metals & Mining ETF worth $7,060,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of XME. Clal Insurance Enterprises Holdings Ltd purchased a new stake in SPDR S&P Metals & Mining ETF in the third quarter valued at approximately $133,812,000. PointState Capital LP acquired a new stake in SPDR S&P Metals & Mining ETF during the 3rd quarter valued at approximately $39,522,000. Raymond James & Associates boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 274.5% in the 3rd quarter. Raymond James & Associates now owns 305,812 shares of the exchange traded fund’s stock valued at $19,486,000 after acquiring an additional 224,151 shares during the last quarter. Financial Advocates Investment Management acquired a new stake in shares of SPDR S&P Metals & Mining ETF in the third quarter worth $12,677,000. Finally, Citigroup Inc. raised its holdings in shares of SPDR S&P Metals & Mining ETF by 81.7% during the third quarter. Citigroup Inc. now owns 291,404 shares of the exchange traded fund’s stock worth $18,568,000 after purchasing an additional 131,050 shares during the last quarter.

SPDR S&P Metals & Mining ETF Price Performance

NYSEARCA:XME traded down $0.16 during mid-day trading on Tuesday, hitting $58.07. The company’s stock had a trading volume of 1,016,645 shares, compared to its average volume of 1,641,136. The business’s fifty day moving average is $63.73 and its two-hundred day moving average is $61.85. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 1 year low of $53.38 and a 1 year high of $70.49.

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.