Silver Coast Investments LLC Boosts Holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Silver Coast Investments LLC raised its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 3.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 53,986 shares of the exchange traded fund’s stock after acquiring an additional 1,702 shares during the quarter. SPDR S&P Metals & Mining ETF makes up 1.2% of Silver Coast Investments LLC’s holdings, making the stock its 17th biggest position. Silver Coast Investments LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $3,064,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of XME. Independence Bank of Kentucky purchased a new stake in SPDR S&P Metals & Mining ETF in the fourth quarter worth $31,000. Spire Wealth Management grew its stake in shares of SPDR S&P Metals & Mining ETF by 35.4% during the 4th quarter. Spire Wealth Management now owns 948 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 248 shares during the period. Wilmington Savings Fund Society FSB increased its holdings in SPDR S&P Metals & Mining ETF by 200.6% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 959 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 640 shares during the last quarter. Continuum Advisory LLC bought a new stake in SPDR S&P Metals & Mining ETF in the 3rd quarter valued at about $55,000. Finally, RPg Family Wealth Advisory LLC bought a new stake in SPDR S&P Metals & Mining ETF in the 3rd quarter valued at about $61,000.

SPDR S&P Metals & Mining ETF Stock Up 0.9 %

Shares of NYSEARCA:XME opened at $58.10 on Monday. The firm has a market capitalization of $1.53 billion, a PE ratio of 13.74 and a beta of 1.41. The company has a 50-day moving average price of $59.25 and a two-hundred day moving average price of $61.67. SPDR S&P Metals & Mining ETF has a twelve month low of $53.38 and a twelve month high of $70.49.

SPDR S&P Metals & Mining ETF Company 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.