Econ Financial Services Corp Acquires New Shares in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Econ Financial Services Corp purchased a new stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 25,700 shares of the exchange traded fund’s stock, valued at approximately $1,458,000.

Other large investors have also added to or reduced their stakes in the company. Global Trust Asset Management LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter worth $25,000. Independence Bank of Kentucky purchased a new stake in SPDR S&P Metals & Mining ETF during the fourth quarter valued at approximately $31,000. Spire Wealth Management raised its position in SPDR S&P Metals & Mining ETF by 35.4% in the fourth quarter. Spire Wealth Management now owns 948 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 248 shares during the period. Continuum Advisory LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF during the 3rd quarter worth $55,000. Finally, RPg Family Wealth Advisory LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter worth $61,000.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of SPDR S&P Metals & Mining ETF stock opened at $60.43 on Wednesday. The stock’s fifty day moving average is $60.66 and its 200 day moving average is $61.58. SPDR S&P Metals & Mining ETF has a one year low of $53.38 and a one year high of $70.49. The stock has a market cap of $2.04 billion, a P/E ratio of 6.15 and a beta of 1.20.

SPDR S&P Metals & Mining ETF Company 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.