Cadent Capital Advisors LLC Buys 11,271 Shares of SPDR S&P Metals & Mining ETF $XME

Cadent Capital Advisors LLC increased its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 122.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 20,471 shares of the exchange traded fund’s stock after purchasing an additional 11,271 shares during the quarter. Cadent Capital Advisors LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $2,121,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in XME. MGO One Seven LLC lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 1.9% in the third quarter. MGO One Seven LLC now owns 6,363 shares of the exchange traded fund’s stock valued at $593,000 after purchasing an additional 118 shares in the last quarter. Assetmark Inc. grew its holdings in shares of SPDR S&P Metals & Mining ETF by 33.0% during the third quarter. Assetmark Inc. now owns 572 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 142 shares in the last quarter. RPg Family Wealth Advisory LLC raised its position in SPDR S&P Metals & Mining ETF by 1.4% in the 2nd quarter. RPg Family Wealth Advisory LLC now owns 12,699 shares of the exchange traded fund’s stock valued at $854,000 after buying an additional 171 shares during the last quarter. Comprehensive Financial Consultants Institutional Inc. raised its position in SPDR S&P Metals & Mining ETF by 2.8% in the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 7,351 shares of the exchange traded fund’s stock valued at $685,000 after buying an additional 197 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its stake in SPDR S&P Metals & Mining ETF by 49.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 598 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 198 shares in the last quarter. Institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Stock Down 2.8%

NYSEARCA:XME opened at $104.92 on Friday. SPDR S&P Metals & Mining ETF has a twelve month low of $45.89 and a twelve month high of $135.68. The business has a 50 day moving average price of $117.71 and a two-hundred day moving average price of $105.52. The company has a market cap of $3.99 billion, a P/E ratio of 21.07 and a beta of 1.28.

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