Almanack Investment Partners LLC. Has $604,000 Position in SPDR S&P Metals & Mining ETF $XME

Almanack Investment Partners LLC. lessened its position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 2.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,985 shares of the exchange traded fund’s stock after selling 242 shares during the period. Almanack Investment Partners LLC.’s holdings in SPDR S&P Metals & Mining ETF were worth $604,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in XME. Wealth Enhancement Advisory Services LLC grew 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 last quarter. SG Americas Securities LLC raised its stake in shares of SPDR S&P Metals & Mining ETF by 13.3% in the first quarter. SG Americas Securities LLC now owns 53,927 shares of the exchange traded fund’s stock valued at $3,019,000 after acquiring an additional 6,317 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 2.6% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 30,507 shares of the exchange traded fund’s stock worth $1,708,000 after acquiring an additional 771 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in SPDR S&P Metals & Mining ETF by 13.0% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 61,212 shares of the exchange traded fund’s stock worth $3,427,000 after acquiring an additional 7,034 shares during the last quarter. Finally, Econ Financial Services Corp grew its position in SPDR S&P Metals & Mining ETF by 2.9% during the 1st quarter. Econ Financial Services Corp now owns 26,434 shares of the exchange traded fund’s stock worth $1,480,000 after acquiring an additional 734 shares during the last quarter. Institutional investors and hedge funds own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Price Performance

XME stock opened at $100.88 on Monday. The business has a fifty day moving average price of $85.94 and a 200 day moving average price of $70.82. SPDR S&P Metals & Mining ETF has a fifty-two week low of $45.89 and a fifty-two week high of $105.76. The stock has a market capitalization of $3.15 billion, a price-to-earnings ratio of 21.07 and a beta of 1.48.

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.