PFG Advisors Sells 4,623 Shares of SPDR S&P Metals & Mining ETF $XME

PFG Advisors trimmed its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 15.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 25,930 shares of the exchange traded fund’s stock after selling 4,623 shares during the quarter. PFG Advisors’ holdings in SPDR S&P Metals & Mining ETF were worth $2,687,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Citigroup Inc. lifted its holdings in SPDR S&P Metals & Mining ETF by 179.3% during the 3rd quarter. Citigroup Inc. now owns 485,894 shares of the exchange traded fund’s stock valued at $45,281,000 after purchasing an additional 311,902 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in SPDR S&P Metals & Mining ETF by 6.7% during the 3rd quarter. Raymond James Financial Inc. now owns 369,903 shares of the exchange traded fund’s stock valued at $34,471,000 after purchasing an additional 23,212 shares during the last quarter. HighTower Advisors LLC lifted its holdings in SPDR S&P Metals & Mining ETF by 1.1% during the 3rd quarter. HighTower Advisors LLC now owns 323,328 shares of the exchange traded fund’s stock valued at $30,131,000 after purchasing an additional 3,505 shares during the last quarter. Tidal Investments LLC bought a new position in SPDR S&P Metals & Mining ETF during the 3rd quarter valued at about $19,342,000. Finally, Bank of Nova Scotia lifted its holdings in SPDR S&P Metals & Mining ETF by 5,172.8% during the 3rd quarter. Bank of Nova Scotia now owns 202,052 shares of the exchange traded fund’s stock valued at $18,829,000 after purchasing an additional 198,220 shares during the last quarter. 86.55% of the stock is owned by institutional investors.

SPDR S&P Metals & Mining ETF Stock Down 1.5%

Shares of XME stock opened at $117.37 on Wednesday. SPDR S&P Metals & Mining ETF has a 12-month low of $53.59 and a 12-month high of $135.68. The company has a market capitalization of $5.01 billion, a P/E ratio of 21.07 and a beta of 1.24. The firm has a 50-day moving average price of $113.31 and a 200 day moving average price of $108.57.

SPDR S&P Metals & Mining ETF Company Profile