IFP Advisors Inc Increases Stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

IFP Advisors Inc boosted its position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 5.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 20,602 shares of the exchange traded fund’s stock after acquiring an additional 1,012 shares during the period. IFP Advisors Inc owned 0.06% of SPDR S&P Metals & Mining ETF worth $1,169,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Y Intercept Hong Kong Ltd purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the fourth quarter worth $1,170,000. Atria Wealth Solutions Inc. lifted its holdings in SPDR S&P Metals & Mining ETF by 113.8% during the 4th quarter. Atria Wealth Solutions Inc. now owns 12,737 shares of the exchange traded fund’s stock worth $723,000 after purchasing an additional 6,780 shares in the last quarter. Strategic Financial Concepts LLC purchased a new stake in SPDR S&P Metals & Mining ETF during the 4th quarter worth about $2,254,000. CFC Planning Co LLC bought a new position in SPDR S&P Metals & Mining ETF in the 4th quarter worth about $2,122,000. Finally, Walkner Condon Financial Advisors LLC purchased a new position in SPDR S&P Metals & Mining ETF during the 4th quarter valued at about $212,000.

SPDR S&P Metals & Mining ETF Trading Up 0.1 %

Shares of SPDR S&P Metals & Mining ETF stock opened at $58.24 on Thursday. The company’s 50-day moving average price is $59.21 and its 200-day moving average price is $61.64. SPDR S&P Metals & Mining ETF has a 12-month low of $53.38 and a 12-month high of $70.49. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 13.74 and a beta of 1.41.

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.