Strategic Blueprint LLC Acquires Shares of 3,532 SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Strategic Blueprint LLC bought a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the third quarter, Holdings Channel reports. The firm bought 3,532 shares of the exchange traded fund’s stock, valued at approximately $225,000.

Several other hedge funds have also recently made changes to their positions in XME. B. Riley Wealth Advisors Inc. increased its holdings in SPDR S&P Metals & Mining ETF by 3.4% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 5,955 shares of the exchange traded fund’s stock worth $359,000 after acquiring an additional 198 shares during the last quarter. Almanack Investment Partners LLC. increased its stake in shares of SPDR S&P Metals & Mining ETF by 4.8% in the first quarter. Almanack Investment Partners LLC. now owns 4,923 shares of the exchange traded fund’s stock worth $297,000 after purchasing an additional 227 shares in the last quarter. E&G Advisors LP raised its position in shares of SPDR S&P Metals & Mining ETF by 2.4% in the second quarter. E&G Advisors LP now owns 10,116 shares of the exchange traded fund’s stock valued at $600,000 after purchasing an additional 240 shares during the period. Founders Financial Alliance LLC lifted its stake in shares of SPDR S&P Metals & Mining ETF by 1.8% during the 2nd quarter. Founders Financial Alliance LLC now owns 14,319 shares of the exchange traded fund’s stock valued at $850,000 after buying an additional 259 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in SPDR S&P Metals & Mining ETF by 7.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 4,380 shares of the exchange traded fund’s stock worth $260,000 after buying an additional 306 shares during the period.

SPDR S&P Metals & Mining ETF Price Performance

Shares of XME stock opened at $63.86 on Friday. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20. The company’s fifty day simple moving average is $61.58 and its two-hundred day simple moving average is $61.10. SPDR S&P Metals & Mining ETF has a 1 year low of $48.77 and a 1 year high of $67.20.

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.