Leuthold Group LLC Raises Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Leuthold Group LLC boosted its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 2.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,775 shares of the exchange traded fund’s stock after buying an additional 508 shares during the quarter. Leuthold Group LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $1,071,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. MGB Wealth Management LLC lifted its stake in SPDR S&P Metals & Mining ETF by 9.1% in the 1st quarter. MGB Wealth Management LLC now owns 10,019 shares of the exchange traded fund’s stock valued at $604,000 after buying an additional 835 shares in the last quarter. SPC Financial Inc. lifted its stake in SPDR S&P Metals & Mining ETF by 5.6% in the 1st quarter. SPC Financial Inc. now owns 71,251 shares of the exchange traded fund’s stock worth $4,295,000 after purchasing an additional 3,808 shares in the last quarter. Riggs Asset Managment Co. Inc. lifted its stake in SPDR S&P Metals & Mining ETF by 4.8% in the 1st quarter. Riggs Asset Managment Co. Inc. now owns 94,225 shares of the exchange traded fund’s stock worth $5,680,000 after purchasing an additional 4,273 shares in the last quarter. Csenge Advisory Group purchased a new position in SPDR S&P Metals & Mining ETF in the 1st quarter worth approximately $7,041,000. Finally, Capital Management Associates NY lifted its stake in SPDR S&P Metals & Mining ETF by 6.2% in the 1st quarter. Capital Management Associates NY now owns 14,474 shares of the exchange traded fund’s stock worth $872,000 after purchasing an additional 841 shares in the last quarter.

SPDR S&P Metals & Mining ETF Stock Up 1.5 %

XME traded up $0.94 during trading on Friday, reaching $63.85. The company’s stock had a trading volume of 1,235,468 shares, compared to its average volume of 2,819,313. The firm has a fifty day simple moving average of $61.32 and a two-hundred day simple moving average of $59.39. SPDR S&P Metals & Mining ETF has a 1 year low of $48.01 and a 1 year high of $65.36. The company has a market cap of $2.15 billion, a price-to-earnings 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.