Decker Retirement Planning Inc. Buys New Position in SPDR S&P Metals & Mining ETF $XME

Decker Retirement Planning Inc. bought a new stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the second quarter, Holdings Channel.com reports. The fund bought 124,256 shares of the exchange traded fund’s stock, valued at approximately $8,353,000. SPDR S&P Metals & Mining ETF makes up about 4.8% of Decker Retirement Planning Inc.’s portfolio, making the stock its 2nd largest position.

A number of other large investors also recently modified their holdings of the business. Menora Mivtachim Holdings LTD. bought a new stake in shares of SPDR S&P Metals & Mining ETF in the first quarter valued at approximately $48,042,000. LPL Financial LLC increased its position in SPDR S&P Metals & Mining ETF by 5.2% during the first quarter. LPL Financial LLC now owns 457,716 shares of the exchange traded fund’s stock worth $25,627,000 after acquiring an additional 22,694 shares during the period. HighTower Advisors LLC raised its stake in SPDR S&P Metals & Mining ETF by 7.5% during the 1st quarter. HighTower Advisors LLC now owns 364,932 shares of the exchange traded fund’s stock valued at $20,433,000 after purchasing an additional 25,569 shares during the last quarter. Hsbc Holdings PLC raised its stake in SPDR S&P Metals & Mining ETF by 4,583.6% during the 1st quarter. Hsbc Holdings PLC now owns 180,506 shares of the exchange traded fund’s stock valued at $9,998,000 after purchasing an additional 176,652 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in SPDR S&P Metals & Mining ETF during the 1st quarter valued at $8,260,000. 86.55% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Metals & Mining ETF Price Performance

NYSEARCA XME opened at $93.56 on Friday. The company’s fifty day moving average is $94.00 and its two-hundred day moving average is $77.09. SPDR S&P Metals & Mining ETF has a 52-week low of $45.89 and a 52-week high of $111.09. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of 21.07 and a beta of 1.28.

About SPDR S&P Metals & Mining ETF

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.