Dynamic Advisor Solutions LLC Acquires 355 Shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Dynamic Advisor Solutions LLC boosted its stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 1.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 29,736 shares of the exchange traded fund’s stock after acquiring an additional 355 shares during the quarter. Dynamic Advisor Solutions LLC owned approximately 0.09% of SPDR S&P Metals & Mining ETF worth $1,687,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ted Buchan & Co bought a new stake in shares of SPDR S&P Metals & Mining ETF during the second quarter valued at approximately $3,649,000. Sequoia Financial Advisors LLC bought a new position in SPDR S&P Metals & Mining ETF in the 3rd quarter valued at $664,000. Envestnet Asset Management Inc. increased its stake in shares of SPDR S&P Metals & Mining ETF by 41.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 132,317 shares of the exchange traded fund’s stock valued at $7,850,000 after buying an additional 38,959 shares during the period. Magnolia Capital Advisors LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF during the second quarter worth $1,061,000. Finally, Pinnacle Associates Ltd. lifted its stake in shares of SPDR S&P Metals & Mining ETF by 10.7% during the third quarter. Pinnacle Associates Ltd. now owns 24,713 shares of the exchange traded fund’s stock valued at $1,479,000 after acquiring an additional 2,382 shares during the period.

SPDR S&P Metals & Mining ETF Stock Down 0.2 %

SPDR S&P Metals & Mining ETF stock opened at $60.69 on Friday. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 12-month low of $53.38 and a 12-month high of $70.49. The business’s 50-day simple moving average is $61.84 and its 200 day simple moving average is $61.78.

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.