Founders Financial Securities LLC Purchases Shares of 29,921 SPDR S&P Metals & Mining ETF $XME

Founders Financial Securities 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 29,921 shares of the exchange traded fund’s stock, valued at approximately $2,788,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Quantitative Investment Management LLC bought a new stake in SPDR S&P Metals & Mining ETF in the first quarter worth $251,000. OMERS ADMINISTRATION Corp bought a new stake in shares of SPDR S&P Metals & Mining ETF in the 1st quarter worth about $593,000. Graham Capital Management L.P. purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the 1st quarter valued at about $7,951,000. Integrated Wealth Concepts LLC lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 2.1% in the 1st quarter. Integrated Wealth Concepts LLC now owns 11,741 shares of the exchange traded fund’s stock valued at $657,000 after acquiring an additional 246 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in SPDR S&P Metals & Mining ETF in the first quarter worth about $8,260,000. 86.55% of the stock is currently owned by institutional investors.

SPDR S&P Metals & Mining ETF Price Performance

Shares of NYSEARCA XME opened at $108.01 on Wednesday. SPDR S&P Metals & Mining ETF has a 1-year low of $45.89 and a 1-year high of $111.09. The business’s 50 day moving average is $97.62 and its two-hundred day moving average is $85.95. The stock has a market capitalization of $3.41 billion, a P/E ratio of 21.07 and a beta of 1.28.

SPDR S&P Metals & Mining ETF Profile