180 Wealth Advisors LLC raised its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 12.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,249 shares of the exchange traded fund’s stock after purchasing an additional 2,297 shares during the quarter. 180 Wealth Advisors LLC owned approximately 0.05% of SPDR S&P Metals & Mining ETF worth $1,040,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of XME. Strategic Investment Solutions Inc. IL bought a new position in shares of SPDR S&P Metals & Mining ETF during the 1st quarter worth approximately $27,000. ICA Group Wealth Management LLC bought a new position in shares of SPDR S&P Metals & Mining ETF during the 4th quarter worth approximately $27,000. Bell Investment Advisors Inc bought a new position in shares of SPDR S&P Metals & Mining ETF during the 1st quarter worth approximately $28,000. Money Concepts Capital Corp lifted its holdings in SPDR S&P Metals & Mining ETF by 291.1% during the 4th quarter. Money Concepts Capital Corp now owns 571 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 425 shares during the last quarter. Finally, Tucker Asset Management LLC acquired a new stake in SPDR S&P Metals & Mining ETF during the 1st quarter worth approximately $56,000.
SPDR S&P Metals & Mining ETF Stock Performance
NYSEARCA:XME traded down $0.14 during mid-day trading on Monday, hitting $53.19. 512,032 shares of the stock were exchanged, compared to its average volume of 3,362,350. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of 4.92 and a beta of 1.48. The firm’s 50-day simple moving average is $51.92 and its 200 day simple moving average is $50.68. SPDR S&P Metals & Mining ETF has a fifty-two week low of $40.76 and a fifty-two week high of $59.24.
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.
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