Tradewinds LLC. Boosts Holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Tradewinds LLC. raised its position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 1.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 90,370 shares of the exchange traded fund’s stock after acquiring an additional 918 shares during the period. SPDR S&P Metals & Mining ETF makes up 1.8% of Tradewinds LLC.’s investment portfolio, making the stock its 17th largest holding. Tradewinds LLC. owned 0.27% of SPDR S&P Metals & Mining ETF worth $5,758,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Meitav Investment House Ltd. grew its holdings in SPDR S&P Metals & Mining ETF by 78.0% during the second quarter. Meitav Investment House Ltd. now owns 1,026,759 shares of the exchange traded fund’s stock worth $60,902,000 after acquiring an additional 450,000 shares during the period. LPL Financial LLC grew its stake in shares of SPDR S&P Metals & Mining ETF by 30.6% during 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 during the period. Raymond James & Associates increased its holdings in shares of 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 valued at $19,486,000 after purchasing an additional 224,151 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of SPDR S&P Metals & Mining ETF by 160.7% in the second quarter. Commonwealth Equity Services LLC now owns 295,778 shares of the exchange traded fund’s stock valued at $17,549,000 after purchasing an additional 182,306 shares during the period. Finally, Mirae Asset Securities USA Inc. purchased a new stake in SPDR S&P Metals & Mining ETF during the second quarter worth about $14,832,000.

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

Shares of SPDR S&P Metals & Mining ETF stock opened at $67.11 on Thursday. The company has a 50-day moving average of $64.15 and a two-hundred day moving average of $61.71. SPDR S&P Metals & Mining ETF has a 12-month low of $52.31 and a 12-month high of $70.49. The stock has a market cap of $2.26 billion, a PE ratio of 6.15 and a beta of 1.20.

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.