Bbjs Financial Advisors LLC Trims Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Bbjs Financial Advisors LLC reduced its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 24.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 131,660 shares of the exchange traded fund’s stock after selling 43,042 shares during the period. SPDR S&P Metals & Mining ETF makes up 3.0% of Bbjs Financial Advisors LLC’s portfolio, making the stock its 10th largest holding. Bbjs Financial Advisors LLC owned approximately 0.39% of SPDR S&P Metals & Mining ETF worth $8,389,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Farther Finance Advisors LLC grew its stake in shares of SPDR S&P Metals & Mining ETF by 13.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,958 shares of the exchange traded fund’s stock worth $299,000 after buying an additional 597 shares in the last quarter. Prudential PLC grew its stake in shares of SPDR S&P Metals & Mining ETF by 52.5% in the 2nd quarter. Prudential PLC now owns 77,560 shares of the exchange traded fund’s stock worth $4,602,000 after buying an additional 26,700 shares in the last quarter. LPL Financial LLC grew its stake in shares of SPDR S&P Metals & Mining ETF by 30.6% in the 2nd quarter. LPL Financial LLC now owns 549,027 shares of the exchange traded fund’s stock worth $32,574,000 after buying an additional 128,573 shares in the last quarter. Wellington Shields & Co. LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF in the 1st quarter worth $60,000. Finally, Kingsview Wealth Management LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF in the 1st quarter worth $369,000.

SPDR S&P Metals & Mining ETF Trading Down 0.2 %

Shares of XME stock traded down $0.11 during trading hours on Tuesday, reaching $64.52. 718,771 shares of the stock were exchanged, compared to its average volume of 2,625,722. SPDR S&P Metals & Mining ETF has a 12-month low of $48.01 and a 12-month high of $65.37. The company’s 50-day moving average price is $59.69 and its 200-day moving average price is $60.77. The firm has a market capitalization of $2.18 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20.

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.