Harbour Investments Inc. Increases Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Harbour Investments Inc. lifted its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 2.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,648 shares of the exchange traded fund’s stock after buying an additional 639 shares during the quarter. Harbour Investments Inc.’s holdings in SPDR S&P Metals & Mining ETF were worth $1,507,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Meitav Investment House Ltd. increased its stake in SPDR S&P Metals & Mining ETF by 78.0% in the second quarter. Meitav Investment House Ltd. now owns 1,026,759 shares of the exchange traded fund’s stock worth $60,902,000 after purchasing an additional 450,000 shares during the period. LPL Financial LLC grew its stake in SPDR S&P Metals & Mining ETF by 30.6% in the 2nd quarter. LPL Financial LLC now owns 549,027 shares of the exchange traded fund’s stock worth $32,574,000 after acquiring an additional 128,573 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of SPDR S&P Metals & Mining ETF by 2.0% during the first quarter. Osaic Holdings Inc. now owns 475,635 shares of the exchange traded fund’s stock worth $28,672,000 after acquiring an additional 9,235 shares during the period. Raymond James & Associates raised its stake in shares of SPDR S&P Metals & Mining ETF by 274.5% during the third quarter. Raymond James & Associates now owns 305,812 shares of the exchange traded fund’s stock valued at $19,486,000 after acquiring an additional 224,151 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 160.7% in the second quarter. Commonwealth Equity Services LLC now owns 295,778 shares of the exchange traded fund’s stock valued at $17,549,000 after purchasing an additional 182,306 shares during the period.

SPDR S&P Metals & Mining ETF Stock Down 1.6 %

XME opened at $65.83 on Thursday. The stock’s fifty day moving average is $63.01 and its two-hundred day moving average is $61.50. The company has a market capitalization of $2.22 billion, a P/E ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 52 week low of $50.39 and a 52 week high of $70.49.

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.