Brown Brothers Harriman & Co. Takes $103,000 Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Brown Brothers Harriman & Co. acquired a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,616 shares of the exchange traded fund’s stock, valued at approximately $103,000.

Other large investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its stake in shares of SPDR S&P Metals & Mining ETF by 13.7% in the second quarter. Farther Finance Advisors LLC now owns 4,958 shares of the exchange traded fund’s stock worth $299,000 after purchasing an additional 597 shares in the last quarter. Prudential PLC grew its position in 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 valued at $4,602,000 after buying an additional 26,700 shares in the last quarter. LPL Financial LLC increased its stake in SPDR S&P Metals & Mining ETF by 30.6% during the 2nd quarter. LPL Financial LLC now owns 549,027 shares of the exchange traded fund’s stock valued at $32,574,000 after buying an additional 128,573 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of SPDR S&P Metals & Mining ETF by 7.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 4,380 shares of the exchange traded fund’s stock worth $260,000 after acquiring an additional 306 shares during the period. Finally, Ted Buchan & Co acquired a new stake in shares of SPDR S&P Metals & Mining ETF in the 2nd quarter worth approximately $3,649,000.

SPDR S&P Metals & Mining ETF Price Performance

SPDR S&P Metals & Mining ETF stock opened at $68.43 on Friday. SPDR S&P Metals & Mining ETF has a 12-month low of $52.76 and a 12-month high of $70.49. The stock has a market capitalization of $2.31 billion, a PE ratio of 6.15 and a beta of 1.20. The firm has a 50 day simple moving average of $65.17 and a 200-day simple moving average of $61.96.

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.