Harbour Investments Inc. Raises Stock Holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Harbour Investments Inc. grew its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 2.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,648 shares of the exchange traded fund’s stock after buying an additional 639 shares during the period. Harbour Investments Inc.’s holdings in SPDR S&P Metals & Mining ETF were worth $1,507,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. lifted its holdings in SPDR S&P Metals & Mining ETF by 3.4% during the first quarter. B. Riley Wealth Advisors Inc. now owns 5,955 shares of the exchange traded fund’s stock valued at $359,000 after purchasing an additional 198 shares in the last quarter. E&G Advisors LP lifted its stake in shares of SPDR S&P Metals & Mining ETF by 2.4% during the 2nd quarter. E&G Advisors LP now owns 10,116 shares of the exchange traded fund’s stock valued at $600,000 after buying an additional 240 shares in the last quarter. Founders Financial Alliance LLC boosted its holdings in SPDR S&P Metals & Mining ETF by 1.8% in the 2nd quarter. Founders Financial Alliance LLC now owns 14,319 shares of the exchange traded fund’s stock worth $850,000 after buying an additional 259 shares during the period. Farther Finance Advisors LLC increased its stake in SPDR S&P Metals & Mining ETF by 5.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,253 shares of the exchange traded fund’s stock worth $335,000 after buying an additional 295 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in SPDR S&P Metals & Mining ETF by 7.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 4,380 shares of the exchange traded fund’s stock valued at $260,000 after acquiring an additional 306 shares during the period.

SPDR S&P Metals & Mining ETF Stock Down 1.6 %

Shares of SPDR S&P Metals & Mining ETF stock opened at $65.83 on Thursday. SPDR S&P Metals & Mining ETF has a 52 week low of $50.39 and a 52 week high of $70.49. The stock’s 50-day simple moving average is $63.01 and its 200-day simple moving average is $61.50. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20.

SPDR S&P Metals & Mining ETF Profile

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.