Ted Buchan & Co Sells 17,683 Shares of SPDR S&P Metals & Mining ETF $XME

Ted Buchan & Co lessened its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XMEFree Report) by 19.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,833 shares of the exchange traded fund’s stock after selling 17,683 shares during the period. SPDR S&P Metals & Mining ETF comprises approximately 2.7% of Ted Buchan & Co’s holdings, making the stock its 14th largest holding. Ted Buchan & Co owned about 0.23% of SPDR S&P Metals & Mining ETF worth $6,787,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of XME. Creative Financial Designs Inc. ADV grew its position in shares of SPDR S&P Metals & Mining ETF by 992.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 33,031 shares of the exchange traded fund’s stock worth $3,078,000 after buying an additional 30,007 shares during the last quarter. Ibex Wealth Advisors purchased a new stake in SPDR S&P Metals & Mining ETF in the third quarter worth $501,000. MGB Wealth Management LLC boosted its holdings in SPDR S&P Metals & Mining ETF by 8.8% in the third quarter. MGB Wealth Management LLC now owns 8,692 shares of the exchange traded fund’s stock valued at $810,000 after acquiring an additional 701 shares in the last quarter. Integrated Advisors Network LLC boosted its holdings in SPDR S&P Metals & Mining ETF by 55.8% in the third quarter. Integrated Advisors Network LLC now owns 8,351 shares of the exchange traded fund’s stock valued at $778,000 after acquiring an additional 2,991 shares in the last quarter. Finally, AlphaCore Capital LLC increased its position in SPDR S&P Metals & Mining ETF by 134.2% during the 3rd quarter. AlphaCore Capital LLC now owns 822 shares of the exchange traded fund’s stock valued at $77,000 after purchasing an additional 471 shares during the period. Institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Trading Down 0.6%

Shares of NYSEARCA XME opened at $119.35 on Friday. The firm has a fifty day simple moving average of $118.10 and a two-hundred day simple moving average of $101.70. The firm has a market capitalization of $4.54 billion, a PE ratio of 21.07 and a beta of 1.28. SPDR S&P Metals & Mining ETF has a 12 month low of $45.89 and a 12 month high of $135.68.

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Institutional Ownership by Quarter for SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

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