Legend Financial Advisors Inc. trimmed its position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 14.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 92,318 shares of the exchange traded fund’s stock after selling 15,676 shares during the quarter. SPDR S&P Metals & Mining ETF makes up 5.8% of Legend Financial Advisors Inc.’s portfolio, making the stock its 6th biggest position. Legend Financial Advisors Inc.’s holdings in SPDR S&P Metals & Mining ETF were worth $9,565,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Lodestone Wealth Management LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the 4th quarter worth $25,000. Root Financial Partners LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter worth $51,000. Glass Jacobson Investment Advisors llc purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter worth $52,000. Assetmark Inc. lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 33.0% in the 3rd quarter. Assetmark Inc. now owns 572 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 142 shares during the period. Finally, Sunbelt Securities Inc. lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 49.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 598 shares of the exchange traded fund’s stock worth $56,000 after buying an additional 198 shares during the period. 86.55% of the stock is currently owned by hedge funds and other institutional investors.
SPDR S&P Metals & Mining ETF Price Performance
Shares of NYSEARCA XME opened at $114.95 on Tuesday. The stock has a market capitalization of $4.72 billion, a P/E ratio of 21.07 and a beta of 1.24. SPDR S&P Metals & Mining ETF has a 1-year low of $52.71 and a 1-year high of $135.68. The business has a fifty day moving average price of $113.95 and a 200 day moving average price of $107.64.
About SPDR S&P Metals & Mining ETF
Featured Articles
Want to see what other hedge funds are holding XME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report).
Receive News & Ratings for SPDR S&P Metals & Mining ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Metals & Mining ETF and related companies with MarketBeat.com's FREE daily email newsletter.
