Walkner Condon Financial Advisors LLC Takes Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Walkner Condon Financial Advisors LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 3,728 shares of the exchange traded fund’s stock, valued at approximately $212,000.

Several other large investors have also recently modified their holdings of XME. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of SPDR S&P Metals & Mining ETF during the 3rd quarter valued at approximately $133,812,000. PointState Capital LP bought a new position in shares of SPDR S&P Metals & Mining ETF during the 3rd quarter valued at approximately $39,522,000. Raymond James & Associates increased its position in shares of SPDR S&P Metals & Mining ETF by 274.5% during 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 during the last quarter. Financial Advocates Investment Management bought a new position in SPDR S&P Metals & Mining ETF in the 3rd quarter valued at $12,677,000. Finally, Citigroup Inc. grew its position in SPDR S&P Metals & Mining ETF by 81.7% in the 3rd quarter. Citigroup Inc. now owns 291,404 shares of the exchange traded fund’s stock valued at $18,568,000 after acquiring an additional 131,050 shares during the last quarter.

SPDR S&P Metals & Mining ETF Stock Down 2.6 %

Shares of SPDR S&P Metals & Mining ETF stock opened at $60.99 on Friday. The stock’s fifty day moving average is $59.64 and its two-hundred day moving average is $61.55. The company has a market capitalization of $2.06 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 $53.38 and a 52 week high of $70.49.

SPDR S&P Metals & Mining ETF Profile

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.