Western Wealth Management LLC raised its holdings in SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 232.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 11,499 shares of the exchange traded fund’s stock after acquiring an additional 8,040 shares during the period. Western Wealth Management LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $1,242,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. Forefront Wealth Partners LLC lifted its holdings in shares of SPDR S&P Metals & Mining ETF by 3.4% during the 4th quarter. Forefront Wealth Partners LLC now owns 2,582 shares of the exchange traded fund’s stock worth $268,000 after acquiring an additional 84 shares during the period. Riggs Asset Managment Co. Inc. increased its position in SPDR S&P Metals & Mining ETF by 2.3% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 4,234 shares of the exchange traded fund’s stock worth $439,000 after purchasing an additional 94 shares during the last quarter. Keudell Morrison Wealth Management raised its stake in SPDR S&P Metals & Mining ETF by 4.1% during the first quarter. Keudell Morrison Wealth Management now owns 2,910 shares of the exchange traded fund’s stock worth $314,000 after purchasing an additional 115 shares during the period. Evolution Wealth Management Inc. raised its stake in 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 purchasing an additional 124 shares during the period. Finally, World Investment Advisors boosted its holdings in shares of SPDR S&P Metals & Mining ETF by 3.2% in the 1st quarter. World Investment Advisors now owns 4,218 shares of the exchange traded fund’s stock valued at $456,000 after purchasing an additional 129 shares during the last quarter. Institutional investors and hedge funds own 86.55% of the company’s stock.
SPDR S&P Metals & Mining ETF Stock Down 1.2%
Shares of XME opened at $100.65 on Friday. SPDR S&P Metals & Mining ETF has a fifty-two week low of $71.07 and a fifty-two week high of $135.68. The company’s fifty day moving average is $110.87 and its two-hundred day moving average is $114.89. The firm has a market cap of $3.84 billion, a PE ratio of 21.07 and a beta of 1.26.
About SPDR S&P Metals & Mining ETF
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