Freedom Investment Management Inc. Has $250,000 Stock Position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Freedom Investment Management Inc. lowered its position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 7.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,925 shares of the exchange traded fund’s stock after selling 304 shares during the quarter. Freedom Investment Management Inc.’s holdings in SPDR S&P Metals & Mining ETF were worth $250,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Farther Finance Advisors LLC raised its holdings 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 purchasing an additional 597 shares during the last quarter. Prudential PLC raised its stake in shares of SPDR S&P Metals & Mining ETF by 52.5% during the second quarter. Prudential PLC now owns 77,560 shares of the exchange traded fund’s stock worth $4,602,000 after buying an additional 26,700 shares during the last quarter. LPL Financial LLC lifted its holdings in SPDR S&P Metals & Mining ETF by 30.6% in the second 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 during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in SPDR S&P Metals & Mining ETF by 7.5% in the second 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 position in SPDR S&P Metals & Mining ETF in the second quarter valued at approximately $3,649,000.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of SPDR S&P Metals & Mining ETF stock opened at $68.75 on Monday. SPDR S&P Metals & Mining ETF has a 52 week low of $52.76 and a 52 week high of $70.49. The stock has a market capitalization of $2.32 billion, a price-to-earnings ratio of 6.15 and a beta of 1.20. The firm has a fifty day moving average of $65.50 and a two-hundred day moving average of $62.05.

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.