HighTower Advisors LLC Acquires 85,382 Shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

HighTower Advisors LLC boosted its position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 33.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 339,363 shares of the exchange traded fund’s stock after purchasing an additional 85,382 shares during the quarter. HighTower Advisors LLC owned about 1.01% of SPDR S&P Metals & Mining ETF worth $19,259,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Daiwa Securities Group Inc. increased its holdings in SPDR S&P Metals & Mining ETF by 4.1% during the 4th quarter. Daiwa Securities Group Inc. now owns 23,080 shares of the exchange traded fund’s stock worth $1,310,000 after purchasing an additional 900 shares during the period. Rialto Wealth Management LLC purchased a new position in SPDR S&P Metals & Mining ETF during the 4th quarter worth $102,000. PNC Financial Services Group Inc. increased its holdings in SPDR S&P Metals & Mining ETF by 0.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 76,289 shares of the exchange traded fund’s stock worth $4,329,000 after purchasing an additional 687 shares during the period. Raymond James Financial Inc. purchased a new position in SPDR S&P Metals & Mining ETF during the 4th quarter worth $20,983,000. Finally, Meridian Wealth Management LLC purchased a new position in SPDR S&P Metals & Mining ETF during the 4th quarter worth $359,000.

SPDR S&P Metals & Mining ETF Stock Up 3.0 %

XME opened at $57.70 on Friday. The stock’s fifty day moving average is $59.04 and its two-hundred day moving average is $61.44. The company has a market capitalization of $1.60 billion, a P/E ratio of 17.04 and a beta of 1.41. SPDR S&P Metals & Mining ETF has a 52 week low of $53.05 and a 52 week high of $70.49.

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.