Evernest Financial Advisors LLC Boosts Stock Holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Evernest Financial Advisors LLC lifted its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 14.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,741 shares of the exchange traded fund’s stock after purchasing an additional 743 shares during the period. Evernest Financial Advisors LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $326,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter valued at about $133,812,000. JPMorgan Chase & Co. grew its position in shares of SPDR S&P Metals & Mining ETF by 21.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 624,702 shares of the exchange traded fund’s stock valued at $39,806,000 after buying an additional 108,336 shares during the last quarter. PointState Capital LP acquired a new position in SPDR S&P Metals & Mining ETF during the third quarter worth approximately $39,522,000. Raymond James & Associates increased 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 period. Finally, Citigroup Inc. raised its position in SPDR S&P Metals & Mining ETF by 81.7% in the 3rd quarter. Citigroup Inc. now owns 291,404 shares of the exchange traded fund’s stock valued at $18,568,000 after purchasing an additional 131,050 shares during the last quarter.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of XME opened at $60.08 on Friday. SPDR S&P Metals & Mining ETF has a fifty-two week low of $53.38 and a fifty-two week high of $70.49. The firm has a 50-day simple moving average of $61.20 and a 200-day simple moving average of $61.69. The company has a market capitalization of $2.03 billion, a price-to-earnings 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.