Pekin Hardy Strauss Inc. acquired a new stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 22,463 shares of the exchange traded fund’s stock, valued at approximately $2,326,000.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Kestra Advisory Services LLC lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 32.9% in the third quarter. Kestra Advisory Services LLC now owns 16,875 shares of the exchange traded fund’s stock worth $1,748,000 after buying an additional 4,177 shares in the last quarter. Commonwealth Equity Services LLC purchased a new position in SPDR S&P Metals & Mining ETF during the third quarter valued at $9,524,000. Kestra Private Wealth Services LLC purchased a new position in SPDR S&P Metals & Mining ETF during the third quarter valued at $728,000. Cumberland Advisors Inc. purchased a new position in SPDR S&P Metals & Mining ETF during the third quarter valued at $2,923,000. Finally, Aviance Capital Partners LLC bought a new stake in SPDR S&P Metals & Mining ETF in the 3rd quarter valued at $311,000. Institutional investors own 86.55% of the company’s stock.
SPDR S&P Metals & Mining ETF Stock Performance
Shares of NYSEARCA XME opened at $90.42 on Friday. The company has a market cap of $3.44 billion, a P/E ratio of 21.07 and a beta of 1.34. SPDR S&P Metals & Mining ETF has a 52-week low of $85.63 and a 52-week high of $135.68. The firm’s fifty day moving average is $106.67 and its two-hundred day moving average is $112.68.
About SPDR S&P Metals & Mining ETF
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