SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Stake Raised by PFG Advisors

PFG Advisors grew its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 8.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,810 shares of the exchange traded fund’s stock after buying an additional 524 shares during the period. PFG Advisors’ holdings in SPDR S&P Metals & Mining ETF were worth $386,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of SPDR S&P Metals & Mining ETF during the third quarter valued at approximately $133,812,000. JPMorgan Chase & Co. raised its holdings in SPDR S&P Metals & Mining ETF by 21.0% during the third quarter. JPMorgan Chase & Co. now owns 624,702 shares of the exchange traded fund’s stock worth $39,806,000 after purchasing an additional 108,336 shares in the last quarter. PointState Capital LP bought a new stake in SPDR S&P Metals & Mining ETF during the third quarter worth approximately $39,522,000. Raymond James Financial Inc. bought a new stake in SPDR S&P Metals & Mining ETF during the fourth quarter worth approximately $20,983,000. Finally, HighTower Advisors LLC raised its holdings in SPDR S&P Metals & Mining ETF by 33.6% during the fourth quarter. HighTower Advisors LLC now owns 339,363 shares of the exchange traded fund’s stock worth $19,259,000 after purchasing an additional 85,382 shares in the last quarter.

SPDR S&P Metals & Mining ETF Price Performance

Shares of NYSEARCA:XME opened at $57.70 on Friday. SPDR S&P Metals & Mining ETF has a 12 month low of $53.05 and a 12 month high of $70.49. The stock has a market cap of $1.60 billion, a price-to-earnings ratio of 17.04 and a beta of 1.41. The stock’s 50 day moving average price is $59.04 and its 200 day moving average price is $61.44.

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.