Montag A & Associates Inc. Acquires 4,806 Shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Montag A & Associates Inc. boosted its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 15.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,651 shares of the exchange traded fund’s stock after purchasing an additional 4,806 shares during the quarter. Montag A & Associates Inc. owned approximately 0.10% of SPDR S&P Metals & Mining ETF worth $2,193,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. grew its holdings in SPDR S&P Metals & Mining ETF by 20.4% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 32,788 shares of the exchange traded fund’s stock valued at $1,721,000 after buying an additional 5,548 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in SPDR S&P Metals & Mining ETF by 85.5% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 73,530 shares of the exchange traded fund’s stock valued at $3,860,000 after purchasing an additional 33,901 shares in the last quarter. Verdence Capital Advisors LLC bought a new position in SPDR S&P Metals & Mining ETF during the third quarter valued at $300,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter worth $1,806,000. Finally, Whittier Trust Co. lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 99.5% in the 3rd quarter. Whittier Trust Co. now owns 788 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 393 shares during the last quarter.

SPDR S&P Metals & Mining ETF Stock Up 2.1 %

XME traded up $1.27 on Thursday, hitting $62.09. The company had a trading volume of 2,890,589 shares, compared to its average volume of 2,929,558. SPDR S&P Metals & Mining ETF has a 12-month low of $44.17 and a 12-month high of $63.59. The business’s fifty day simple moving average is $59.69 and its 200 day simple moving average is $56.78. The company has a market cap of $2.10 billion, a PE ratio of 6.15 and a beta of 1.20.

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.