Farther Finance Advisors LLC Boosts Stock Holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Farther Finance Advisors LLC grew its position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 9.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,724 shares of the exchange traded fund’s stock after acquiring an additional 471 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $325,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd acquired a new position in SPDR S&P Metals & Mining ETF in the 3rd quarter valued at $133,812,000. JPMorgan Chase & Co. grew its holdings in shares of SPDR S&P Metals & Mining ETF by 21.0% during the third quarter. JPMorgan Chase & Co. now owns 624,702 shares of the exchange traded fund’s stock worth $39,806,000 after buying an additional 108,336 shares in the last quarter. PointState Capital LP acquired a new stake in shares of SPDR S&P Metals & Mining ETF in the third quarter valued at about $39,522,000. Raymond James Financial Inc. purchased a new position in shares of SPDR S&P Metals & Mining ETF in the fourth quarter worth about $20,983,000. Finally, HighTower Advisors LLC boosted its position in SPDR S&P Metals & Mining ETF by 33.6% during the fourth quarter. HighTower Advisors LLC now owns 339,363 shares of the exchange traded fund’s stock worth $19,259,000 after acquiring an additional 85,382 shares during the last quarter.

SPDR S&P Metals & Mining ETF Trading Up 0.7 %

Shares of NYSEARCA XME opened at $58.12 on Tuesday. The stock has a market cap of $1.61 billion, a PE ratio of 17.04 and a beta of 1.41. SPDR S&P Metals & Mining ETF has a 12-month low of $53.05 and a 12-month high of $70.49. The company has a 50-day moving average of $59.04 and a 200 day moving average of $61.44.

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.