Retirement Planning Group LLC Makes New Investment in SPDR S&P Metals & Mining ETF $XME

Retirement Planning Group LLC bought a new stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 17,969 shares of the exchange traded fund’s stock, valued at approximately $1,861,000.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE increased its position in shares of SPDR S&P Metals & Mining ETF by 302.8% in the first quarter. Bank of America Corp DE now owns 7,579,721 shares of the exchange traded fund’s stock valued at $818,686,000 after buying an additional 5,697,852 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the 1st quarter worth about $17,713,000. Shah Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the 2nd quarter worth about $7,794,000. Brandywine Financial Group boosted its position in shares of SPDR S&P Metals & Mining ETF by 55,984.2% in the 1st quarter. Brandywine Financial Group now owns 63,936 shares of the exchange traded fund’s stock worth $6,906,000 after buying an additional 63,822 shares in the last quarter. Finally, Norris Financial Group LLC acquired a new stake in SPDR S&P Metals & Mining ETF in the 1st quarter valued at about $5,421,000. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Trading Down 1.0%

Shares of NYSEARCA XME opened at $100.35 on Wednesday. The company’s 50-day moving average price is $111.44 and its 200 day moving average price is $112.58. SPDR S&P Metals & Mining ETF has a 52 week low of $85.63 and a 52 week high of $135.68. The stock has a market cap of $3.80 billion, a price-to-earnings ratio of 21.07 and a beta of 1.31.

SPDR S&P Metals & Mining ETF Profile