Founders Financial Securities LLC Acquires Shares of 29,921 SPDR S&P Metals & Mining ETF $XME

Founders Financial Securities LLC bought a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the 3rd quarter, according to its most recent disclosure with the SEC. The firm bought 29,921 shares of the exchange traded fund’s stock, valued at approximately $2,788,000. Founders Financial Securities LLC owned 0.10% of SPDR S&P Metals & Mining ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Global Trust Asset Management LLC purchased a new stake in SPDR S&P Metals & Mining ETF in the second quarter worth about $27,000. Private Wealth Asset Management LLC bought a new position in shares of SPDR S&P Metals & Mining ETF in the 2nd quarter worth approximately $30,000. Sound Income Strategies LLC lifted its stake in shares of SPDR S&P Metals & Mining ETF by 1,829.2% in the 2nd quarter. Sound Income Strategies LLC now owns 926 shares of the exchange traded fund’s stock valued at $62,000 after purchasing an additional 878 shares during the period. Ameritas Advisory Services LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF during the second quarter valued at approximately $83,000. Finally, Reyes Financial Architecture Inc. purchased a new stake in SPDR S&P Metals & Mining ETF in the second quarter worth $85,000. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Trading Up 0.8%

XME opened at $108.01 on Wednesday. SPDR S&P Metals & Mining ETF has a 12-month low of $45.89 and a 12-month high of $111.09. The company has a market cap of $3.41 billion, a price-to-earnings ratio of 21.07 and a beta of 1.28. The stock has a fifty day simple moving average of $97.62 and a two-hundred day simple moving average of $85.95.

SPDR S&P Metals & Mining ETF Company Profile