SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Shares Acquired by Financial Advocates Investment Management

Financial Advocates Investment Management increased its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 18.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 235,632 shares of the exchange traded fund’s stock after acquiring an additional 36,691 shares during the quarter. SPDR S&P Metals & Mining ETF comprises 0.8% of Financial Advocates Investment Management’s investment portfolio, making the stock its 24th biggest position. Financial Advocates Investment Management owned about 0.70% of SPDR S&P Metals & Mining ETF worth $13,372,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of XME. Global Trust Asset Management LLC acquired a new position in shares of SPDR S&P Metals & Mining ETF during the 3rd quarter worth approximately $25,000. Independence Bank of Kentucky acquired a new position in SPDR S&P Metals & Mining ETF during the fourth quarter worth $31,000. Continuum Advisory LLC purchased a new stake in SPDR S&P Metals & Mining ETF in the 3rd quarter valued at $55,000. Spire Wealth Management increased its stake in shares of SPDR S&P Metals & Mining ETF by 35.4% in the 4th quarter. Spire Wealth Management now owns 948 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 248 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF during the 3rd quarter worth $61,000.

SPDR S&P Metals & Mining ETF Trading Up 0.9 %

Shares of XME opened at $60.98 on Thursday. SPDR S&P Metals & Mining ETF has a 12-month low of $53.38 and a 12-month high of $70.49. The firm has a market capitalization of $2.06 billion, a P/E ratio of 6.15 and a beta of 1.20. The firm has a 50-day moving average price of $60.51 and a 200 day moving average price of $61.57.

About SPDR S&P Metals & Mining ETF

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.