HighTower Advisors LLC Trims Position in SPDR S&P Metals & Mining ETF $XME

HighTower Advisors LLC trimmed its holdings in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 11.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 285,852 shares of the exchange traded fund’s stock after selling 37,476 shares during the period. HighTower Advisors LLC owned approximately 0.75% of SPDR S&P Metals & Mining ETF worth $29,617,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Lodestone Wealth Management LLC purchased a new position in shares of SPDR S&P Metals & Mining ETF during the fourth quarter worth $25,000. Kohmann Bosshard Financial Services LLC purchased a new stake in SPDR S&P Metals & Mining ETF in the fourth quarter valued at $25,000. Geneos Wealth Management Inc. purchased a new stake in SPDR S&P Metals & Mining ETF in the fourth quarter valued at $30,000. Legacy Wealth Managment LLC ID grew its position in SPDR S&P Metals & Mining ETF by 91.6% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 479 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 229 shares during the period. Finally, Root Financial Partners LLC acquired a new stake in SPDR S&P Metals & Mining ETF during the 3rd quarter worth about $51,000. 86.55% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Metals & Mining ETF Stock Performance

NYSEARCA XME opened at $117.07 on Friday. The firm has a market capitalization of $5.27 billion, a P/E ratio of 21.07 and a beta of 1.23. The stock has a 50-day simple moving average of $113.90 and a two-hundred day simple moving average of $111.04. SPDR S&P Metals & Mining ETF has a fifty-two week low of $58.28 and a fifty-two week high of $135.68.

About SPDR S&P Metals & Mining ETF