Maytree Asset Management Ltd Buys New Position in SPDR S&P Metals & Mining ETF $XME

Maytree Asset Management Ltd acquired a new position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 19,600 shares of the exchange traded fund’s stock, valued at approximately $2,031,000. SPDR S&P Metals & Mining ETF accounts for 1.5% of Maytree Asset Management Ltd’s holdings, making the stock its 12th largest holding.

A number of other hedge funds have also recently modified their holdings of XME. Lodestone Wealth Management LLC bought a new position in shares of SPDR S&P Metals & Mining ETF in the fourth quarter worth approximately $25,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF during the 4th quarter valued at about $25,000. Geneos Wealth Management Inc. bought a new stake in SPDR S&P Metals & Mining ETF during the fourth quarter valued at approximately $30,000. Root Financial Partners LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF during the 3rd quarter valued at $51,000. Finally, Glass Jacobson Investment Advisors llc purchased a new stake in SPDR S&P Metals & Mining ETF in the third quarter worth about $52,000. Institutional investors own 86.55% of the company’s stock.

SPDR S&P Metals & Mining ETF Price Performance

XME opened at $118.88 on Wednesday. SPDR S&P Metals & Mining ETF has a 1-year low of $56.88 and a 1-year high of $135.68. The company has a 50 day simple moving average of $113.39 and a two-hundred day simple moving average of $109.41. The firm has a market cap of $5.36 billion, a P/E ratio of 21.07 and a beta of 1.23.

SPDR S&P Metals & Mining ETF Company Profile