SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Position Boosted by Fermata Advisors LLC

Fermata Advisors LLC boosted its position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 4.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 12,008 shares of the exchange traded fund’s stock after buying an additional 465 shares during the period. Fermata Advisors LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $681,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of XME. Global Trust Asset Management LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter valued at approximately $25,000. Strategic Investment Solutions Inc. IL acquired a new position in SPDR S&P Metals & Mining ETF in the second quarter worth $33,000. Continuum Advisory LLC bought a new stake in SPDR S&P Metals & Mining ETF during the third quarter valued at $55,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of SPDR S&P Metals & Mining ETF during the third quarter worth $61,000. Finally, Brown Brothers Harriman & Co. bought a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter worth about $103,000.

SPDR S&P Metals & Mining ETF Stock Performance

NYSEARCA XME opened at $59.80 on Friday. The firm has a market capitalization of $2.02 billion, a PE ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a one year low of $53.38 and a one year high of $70.49. The company has a 50-day simple moving average of $62.58 and a 200-day simple moving average of $61.79.

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.