Calton & Associates Inc. Boosts Stock Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Calton & Associates Inc. lifted its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 191.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,030 shares of the exchange traded fund’s stock after acquiring an additional 11,839 shares during the quarter. Calton & Associates Inc. owned approximately 0.05% of SPDR S&P Metals & Mining ETF worth $1,023,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XME. Global Trust Asset Management LLC bought a new position in shares of SPDR S&P Metals & Mining ETF in the third quarter worth approximately $25,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of SPDR S&P Metals & Mining ETF during the 2nd quarter valued at $33,000. Continuum Advisory LLC bought a new position in SPDR S&P Metals & Mining ETF in the 3rd quarter worth $55,000. RPg Family Wealth Advisory LLC purchased a new stake in SPDR S&P Metals & Mining ETF in the 3rd quarter worth $61,000. Finally, Brown Brothers Harriman & Co. purchased a new stake in SPDR S&P Metals & Mining ETF in the 3rd quarter worth $103,000.

SPDR S&P Metals & Mining ETF Stock Up 0.6 %

Shares of SPDR S&P Metals & Mining ETF stock opened at $60.08 on Friday. The company has a market capitalization of $2.03 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20. The stock’s 50-day simple moving average is $61.20 and its 200-day simple moving average is $61.69. SPDR S&P Metals & Mining ETF has a 52 week low of $53.38 and a 52 week high of $70.49.

SPDR S&P Metals & Mining ETF 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.