SPDR S&P Metals & Mining ETF $XME Stock Sold by Nelson Capital Management LLC

Nelson Capital Management LLC cut its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 99.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 2,063 shares of the exchange traded fund’s stock after selling 864,608 shares during the period. Nelson Capital Management LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $214,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Baird Financial Group Inc. boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 5.0% during the second quarter. Baird Financial Group Inc. now owns 2,880 shares of the exchange traded fund’s stock worth $308,000 after purchasing an additional 137 shares during the last quarter. Sound Financial Strategies Group LLC grew its position in shares of SPDR S&P Metals & Mining ETF by 3.4% in the second quarter. Sound Financial Strategies Group LLC now owns 4,591 shares of the exchange traded fund’s stock valued at $491,000 after purchasing an additional 150 shares during the period. Heartwood Wealth Advisors LLC increased its stake in SPDR S&P Metals & Mining ETF by 0.9% in the third quarter. Heartwood Wealth Advisors LLC now owns 17,064 shares of the exchange traded fund’s stock valued at $1,767,000 after purchasing an additional 152 shares during the last quarter. AlphaCore Capital LLC increased its stake in SPDR S&P Metals & Mining ETF by 26.6% in the third quarter. AlphaCore Capital LLC now owns 913 shares of the exchange traded fund’s stock valued at $95,000 after purchasing an additional 192 shares during the last quarter. Finally, Focus Financial Network Inc. increased its stake in SPDR S&P Metals & Mining ETF by 6.4% in the third quarter. Focus Financial Network Inc. now owns 3,210 shares of the exchange traded fund’s stock valued at $332,000 after purchasing an additional 194 shares during the last quarter. Hedge funds and other institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Stock Performance

NYSEARCA XME traded down $1.51 during trading hours on Friday, hitting $93.74. 1,157,287 shares of the company’s stock were exchanged, compared to its average volume of 2,239,820. The business’s 50 day moving average is $103.90 and its 200-day moving average is $111.70. SPDR S&P Metals & Mining ETF has a 12-month low of $85.63 and a 12-month high of $135.68. The firm has a market capitalization of $3.41 billion, a P/E ratio of 15.55 and a beta of 1.35.

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. The Fund invests in industries, such as steel, coal and consumable fuels, gold, precious metals and minerals, aluminum, and diversified metals and mining. The Fund’s investment advisor is SSgA Funds Management, Inc.