Legend Financial Advisors Inc. Raises Stock Holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Legend Financial Advisors Inc. grew its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 1.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 116,165 shares of the exchange traded fund’s stock after buying an additional 2,049 shares during the period. SPDR S&P Metals & Mining ETF makes up 5.1% of Legend Financial Advisors Inc.’s portfolio, making the stock its 10th biggest position. Legend Financial Advisors Inc.’s holdings in SPDR S&P Metals & Mining ETF were worth $7,002,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Napatree Capital LLC bought a new position in shares of SPDR S&P Metals & Mining ETF during the 4th quarter valued at about $1,485,000. Capital Management Associates NY raised its position in SPDR S&P Metals & Mining ETF by 185.0% in the 4th quarter. Capital Management Associates NY now owns 13,633 shares of the exchange traded fund’s stock valued at $816,000 after buying an additional 8,850 shares during the last quarter. Benjamin Edwards Inc. raised its position in SPDR S&P Metals & Mining ETF by 16.6% in the 4th quarter. Benjamin Edwards Inc. now owns 6,213 shares of the exchange traded fund’s stock valued at $372,000 after buying an additional 886 shares during the last quarter. PNC Financial Services Group Inc. raised its position in SPDR S&P Metals & Mining ETF by 1.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 89,131 shares of the exchange traded fund’s stock valued at $5,333,000 after buying an additional 1,454 shares during the last quarter. Finally, Almanack Investment Partners LLC. acquired a new stake in SPDR S&P Metals & Mining ETF in the 4th quarter valued at approximately $281,000.

SPDR S&P Metals & Mining ETF Stock Performance

SPDR S&P Metals & Mining ETF stock traded up $0.97 during midday trading on Friday, reaching $59.33. The stock had a trading volume of 3,095,957 shares, compared to its average volume of 2,893,632. The firm’s fifty day simple moving average is $61.10 and its 200-day simple moving average is $59.21. SPDR S&P Metals & Mining ETF has a 1-year low of $48.01 and a 1-year high of $65.36. The stock has a market capitalization of $2.00 billion, a P/E 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.