Benjamin F. Edwards & Company Inc. Purchases 23,889 Shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Benjamin F. Edwards & Company Inc. lifted its position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 15.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 182,936 shares of the exchange traded fund’s stock after buying an additional 23,889 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in SPDR S&P Metals & Mining ETF were worth $10,945,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in XME. Whittier Trust Co. raised its position in shares of SPDR S&P Metals & Mining ETF by 99.5% during the third quarter. Whittier Trust Co. now owns 788 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 393 shares during the period. Fifth Third Bancorp bought a new position in SPDR S&P Metals & Mining ETF in the fourth quarter valued at approximately $42,000. TFO Wealth Partners LLC bought a new position in SPDR S&P Metals & Mining ETF in the third quarter valued at approximately $49,000. Choate Investment Advisors increased its position in shares of SPDR S&P Metals & Mining ETF by 334.9% during the third quarter. Choate Investment Advisors now owns 3,436 shares of the exchange traded fund’s stock worth $180,000 after acquiring an additional 2,646 shares in the last quarter. Finally, Financial Advocates Investment Management acquired a new stake in shares of SPDR S&P Metals & Mining ETF during the third quarter worth $182,000.

SPDR S&P Metals & Mining ETF Stock Performance

NYSEARCA XME traded up $0.70 on Friday, reaching $60.80. The company had a trading volume of 3,977,109 shares, compared to its average volume of 2,926,688. The company’s fifty day moving average is $59.29 and its 200-day moving average is $56.47. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 1-year low of $44.17 and a 1-year high of $63.59.

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.