46,362 Shares in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) Bought by Heritage Oak Wealth Advisors LLC

Heritage Oak Wealth Advisors LLC acquired a new stake in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) during the fourth quarter, Holdings Channel reports. The fund acquired 46,362 shares of the exchange traded fund’s stock, valued at approximately $2,631,000. SPDR S&P Metals & Mining ETF comprises about 1.3% of Heritage Oak Wealth Advisors LLC’s portfolio, making the stock its 17th biggest position.

Several other hedge funds also recently added to or reduced their stakes in XME. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of SPDR S&P Metals & Mining ETF during the third quarter worth about $133,812,000. PointState Capital LP bought a new position in SPDR S&P Metals & Mining ETF during the 3rd quarter worth approximately $39,522,000. Financial Advocates Investment Management acquired a new position in shares of SPDR S&P Metals & Mining ETF in the 3rd quarter worth approximately $12,677,000. Citigroup Inc. increased its holdings in shares of SPDR S&P Metals & Mining ETF by 81.7% in the 3rd quarter. Citigroup Inc. now owns 291,404 shares of the exchange traded fund’s stock valued at $18,568,000 after acquiring an additional 131,050 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of SPDR S&P Metals & Mining ETF by 21.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 624,702 shares of the exchange traded fund’s stock valued at $39,806,000 after acquiring an additional 108,336 shares in the last quarter.

SPDR S&P Metals & Mining ETF Price Performance

Shares of XME opened at $58.24 on Thursday. 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 fifty day moving average price is $59.21 and its 200 day moving average price is $61.64. The stock has a market capitalization of $1.53 billion, a PE ratio of 13.74 and a beta of 1.41.

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.