Continuum Advisory LLC Takes $55,000 Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Continuum Advisory LLC acquired a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 838 shares of the exchange traded fund’s stock, valued at approximately $55,000.

Other hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its position in SPDR S&P Metals & Mining ETF by 13.7% during the 2nd quarter. Farther Finance Advisors LLC now owns 4,958 shares of the exchange traded fund’s stock worth $299,000 after acquiring an additional 597 shares during the period. Prudential PLC lifted its holdings in SPDR S&P Metals & Mining ETF by 52.5% in the second quarter. Prudential PLC now owns 77,560 shares of the exchange traded fund’s stock worth $4,602,000 after purchasing an additional 26,700 shares during the period. LPL Financial LLC grew its position 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 valued at $32,574,000 after buying an additional 128,573 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in SPDR S&P Metals & Mining ETF by 7.5% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 4,380 shares of the exchange traded fund’s stock valued at $260,000 after buying an additional 306 shares during the period. Finally, Ted Buchan & Co bought a new stake in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter worth about $3,649,000.

SPDR S&P Metals & Mining ETF Trading Down 2.3 %

Shares of NYSEARCA:XME opened at $63.57 on Friday. SPDR S&P Metals & Mining ETF has a twelve month low of $52.76 and a twelve month high of $70.49. The firm has a market cap of $2.15 billion, a P/E ratio of 6.15 and a beta of 1.20. The company has a 50 day moving average of $66.05 and a 200-day moving average of $62.22.

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.