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

Montag A & Associates Inc. lifted its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 15.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 36,651 shares of the exchange traded fund’s stock after acquiring an additional 4,806 shares during the period. Montag A & Associates Inc.’s holdings in SPDR S&P Metals & Mining ETF were worth $2,193,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of SPDR S&P Metals & Mining ETF by 3.2% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 975,500 shares of the exchange traded fund’s stock worth $51,214,000 after purchasing an additional 30,000 shares during the period. LPL Financial LLC lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 5.7% during the third quarter. LPL Financial LLC now owns 510,922 shares of the exchange traded fund’s stock worth $26,823,000 after buying an additional 27,440 shares during the last quarter. SCS Capital Management LLC boosted its position in shares of SPDR S&P Metals & Mining ETF by 0.9% in the third quarter. SCS Capital Management LLC now owns 448,258 shares of the exchange traded fund’s stock valued at $23,534,000 after acquiring an additional 3,836 shares during the period. Affinity Wealth Management LLC grew its stake in shares of SPDR S&P Metals & Mining ETF by 10.6% in the fourth quarter. Affinity Wealth Management LLC now owns 434,683 shares of the exchange traded fund’s stock worth $26,007,000 after acquiring an additional 41,646 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in SPDR S&P Metals & Mining ETF by 23.6% during the third quarter. HighTower Advisors LLC now owns 396,774 shares of the exchange traded fund’s stock worth $20,825,000 after acquiring an additional 75,806 shares during the period.

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

NYSEARCA:XME traded up $1.27 during trading hours on Thursday, hitting $62.09. 2,890,589 shares of the company traded hands, compared to its average volume of 2,929,558. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20. The firm has a 50-day moving average of $59.69 and a 200 day moving average of $56.78. SPDR S&P Metals & Mining ETF has a twelve month low of $44.17 and a twelve month high of $63.59.

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.