Kestra Private Wealth Services LLC Makes New Investment in SPDR S&P Metals & Mining ETF $XME

Kestra Private Wealth Services LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the third quarter, HoldingsChannel reports. The institutional investor purchased 7,034 shares of the exchange traded fund’s stock, valued at approximately $728,000.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE raised its stake in 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 purchasing an additional 5,697,852 shares in the last quarter. Royal Bank of Canada raised its position in shares of SPDR S&P Metals & Mining ETF by 9.3% during the 1st quarter. Royal Bank of Canada now owns 286,381 shares of the exchange traded fund’s stock valued at $30,932,000 after buying an additional 24,319 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the 1st quarter valued at $17,713,000. PNC Financial Services Group Inc. lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 5.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 84,347 shares of the exchange traded fund’s stock worth $9,110,000 after acquiring an additional 4,353 shares during the last quarter. Finally, Fiduciary Financial Group LLC lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 26.2% during the 2nd quarter. Fiduciary Financial Group LLC now owns 74,449 shares of the exchange traded fund’s stock worth $7,961,000 after acquiring an additional 15,452 shares during the last quarter. 86.55% of the stock is currently owned by institutional investors.

SPDR S&P Metals & Mining ETF Stock Up 3.4%

NYSEARCA:XME traded up $3.03 during midday trading on Friday, hitting $93.45. The company had a trading volume of 2,299,329 shares, compared to its average volume of 2,257,473. The company has a market capitalization of $3.50 billion, a PE ratio of 21.07 and a beta of 1.34. SPDR S&P Metals & Mining ETF has a 52-week low of $85.63 and a 52-week high of $135.68. The stock’s fifty day moving average price is $106.08 and its 200-day moving average price is $112.52.

SPDR S&P Metals & Mining ETF Company Profile