FOCUS Wealth Advisors LLC decreased its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 8.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,865 shares of the exchange traded fund’s stock after selling 6,110 shares during the quarter. SPDR S&P Metals & Mining ETF comprises about 3.2% of FOCUS Wealth Advisors LLC’s portfolio, making the stock its 8th biggest position. FOCUS Wealth Advisors LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $6,936,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Kohmann Bosshard Financial Services LLC acquired a new position in SPDR S&P Metals & Mining ETF during the 4th quarter valued at about $25,000. Turtle Creek Wealth Advisors LLC acquired a new stake in SPDR S&P Metals & Mining ETF in the first quarter worth about $27,000. Geneos Wealth Management Inc. acquired a new stake in SPDR S&P Metals & Mining ETF in the fourth quarter worth about $30,000. Evolution Wealth Management Inc. grew its stake in shares of SPDR S&P Metals & Mining ETF by 72.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 296 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 124 shares during the last quarter. Finally, Strive Financial Group LLC purchased a new stake in shares of SPDR S&P Metals & Mining ETF during the fourth quarter worth about $39,000. 86.55% of the stock is currently owned by hedge funds and other institutional investors.
SPDR S&P Metals & Mining ETF Stock Up 3.8%
XME opened at $111.92 on Thursday. SPDR S&P Metals & Mining ETF has a 52-week low of $75.34 and a 52-week high of $135.68. The company has a market cap of $4.28 billion, a P/E ratio of 21.07 and a beta of 1.27. The firm’s 50-day moving average price is $110.08 and its 200-day moving average price is $114.55.
SPDR S&P Metals & Mining ETF Company Profile
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