Harbour Investments Inc. Buys 639 Shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Harbour Investments Inc. boosted its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 2.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,648 shares of the exchange traded fund’s stock after purchasing an additional 639 shares during the period. Harbour Investments Inc. owned about 0.07% of SPDR S&P Metals & Mining ETF worth $1,507,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XME. Global Trust Asset Management LLC bought a new position in shares of SPDR S&P Metals & Mining ETF during the 3rd quarter valued at $25,000. Zions Bancorporation N.A. bought a new position in SPDR S&P Metals & Mining ETF in the second quarter valued at about $30,000. Asset Dedication LLC boosted its position in SPDR S&P Metals & Mining ETF by 963.5% in the second quarter. Asset Dedication LLC now owns 553 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 501 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter valued at about $33,000. Finally, Headlands Technologies LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter valued at about $35,000.

SPDR S&P Metals & Mining ETF Stock Down 1.6 %

Shares of NYSEARCA:XME opened at $65.83 on Thursday. The firm’s 50 day moving average price is $63.01 and its 200-day moving average price is $61.50. The stock has a market capitalization of $2.22 billion, a PE ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a twelve month low of $50.39 and a twelve month high of $70.49.

SPDR S&P Metals & Mining ETF 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.