Cetera Investment Advisers Grows Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Cetera Investment Advisers boosted its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 9.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 48,200 shares of the exchange traded fund’s stock after purchasing an additional 4,124 shares during the period. Cetera Investment Advisers owned approximately 0.18% of SPDR S&P Metals & Mining ETF worth $2,699,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in XME. EHP Funds Inc. acquired a new stake in shares of SPDR S&P Metals & Mining ETF in the fourth quarter valued at about $5,908,000. Wealth Enhancement Advisory Services LLC boosted its stake in SPDR S&P Metals & Mining ETF by 18.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,175 shares of the exchange traded fund’s stock worth $294,000 after buying an additional 795 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of SPDR S&P Metals & Mining ETF by 0.7% in the fourth quarter. Ameriprise Financial Inc. now owns 40,488 shares of the exchange traded fund’s stock valued at $2,298,000 after purchasing an additional 277 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in shares of SPDR S&P Metals & Mining ETF by 13.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 61,212 shares of the exchange traded fund’s stock valued at $3,427,000 after purchasing an additional 7,034 shares during the period. Finally, Tower Research Capital LLC TRC raised its holdings in SPDR S&P Metals & Mining ETF by 442.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 27,041 shares of the exchange traded fund’s stock valued at $1,535,000 after acquiring an additional 22,060 shares in the last quarter. 86.55% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NYSEARCA:XME opened at $75.41 on Thursday. The firm’s 50 day moving average price is $69.46 and its 200 day moving average price is $61.70. The stock has a market cap of $2.25 billion, a price-to-earnings ratio of 21.07 and a beta of 1.48. SPDR S&P Metals & Mining ETF has a fifty-two week low of $45.89 and a fifty-two week high of $78.86.

SPDR S&P Metals & Mining ETF Company 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.