Silver Coast Investments LLC Reduces Holdings in SPDR S&P Metals & Mining ETF $XME

Silver Coast Investments LLC reduced its position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 20.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 37,940 shares of the exchange traded fund’s stock after selling 9,850 shares during the period. SPDR S&P Metals & Mining ETF accounts for about 1.2% of Silver Coast Investments LLC’s holdings, making the stock its 18th biggest holding. Silver Coast Investments LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $3,536,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in XME. AE Wealth Management LLC increased its position in SPDR S&P Metals & Mining ETF by 5,604.5% in the 2nd quarter. AE Wealth Management LLC now owns 111,294 shares of the exchange traded fund’s stock valued at $7,481,000 after acquiring an additional 109,343 shares during the period. Allianz SE lifted its position in SPDR S&P Metals & Mining ETF by 16.7% during the 2nd quarter. Allianz SE now owns 101,070 shares of the exchange traded fund’s stock worth $6,794,000 after acquiring an additional 14,500 shares during the period. Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of SPDR S&P Metals & Mining ETF in the 2nd quarter valued at approximately $807,000. BOS Asset Management LLC increased its holdings in shares of SPDR S&P Metals & Mining ETF by 0.9% in the second quarter. BOS Asset Management LLC now owns 16,414 shares of the exchange traded fund’s stock valued at $1,103,000 after purchasing an additional 149 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of SPDR S&P Metals & Mining ETF during the second quarter worth $83,000. Institutional investors and hedge funds own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Stock Performance

Shares of XME opened at $125.79 on Wednesday. The stock has a market capitalization of $4.70 billion, a P/E ratio of 21.07 and a beta of 1.28. The company’s fifty day moving average is $104.09 and its two-hundred day moving average is $92.62. SPDR S&P Metals & Mining ETF has a 1 year low of $45.89 and a 1 year high of $126.27.

SPDR S&P Metals & Mining ETF Profile