GenTrust LLC Invests $258,000 in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

GenTrust LLC acquired a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 4,046 shares of the exchange traded fund’s stock, valued at approximately $258,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of XME. Clal Insurance Enterprises Holdings Ltd acquired a new stake in SPDR S&P Metals & Mining ETF in the 3rd quarter worth approximately $133,812,000. Meitav Investment House Ltd. boosted its stake in SPDR S&P Metals & Mining ETF by 78.0% in the 2nd quarter. Meitav Investment House Ltd. now owns 1,026,759 shares of the exchange traded fund’s stock worth $60,902,000 after purchasing an additional 450,000 shares in the last quarter. LPL Financial LLC boosted its stake in SPDR S&P Metals & Mining ETF by 30.6% in the 2nd quarter. LPL Financial LLC now owns 549,027 shares of the exchange traded fund’s stock worth $32,574,000 after purchasing an additional 128,573 shares in the last quarter. Raymond James & Associates boosted its stake in SPDR S&P Metals & Mining ETF by 274.5% in the 3rd quarter. Raymond James & Associates now owns 305,812 shares of the exchange traded fund’s stock worth $19,486,000 after purchasing an additional 224,151 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in SPDR S&P Metals & Mining ETF by 160.7% in the 2nd quarter. Commonwealth Equity Services LLC now owns 295,778 shares of the exchange traded fund’s stock worth $17,549,000 after purchasing an additional 182,306 shares in the last quarter.

SPDR S&P Metals & Mining ETF Stock Up 0.2 %

XME stock opened at $68.65 on Friday. The firm has a 50 day moving average of $64.58 and a 200 day moving average of $61.80. The stock has a market capitalization of $2.32 billion, a PE ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 52 week low of $52.76 and a 52 week high of $70.49.

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.