Wealthfront Advisers LLC boosted its position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME – Free Report) by 13.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 61,780 shares of the exchange traded fund’s stock after buying an additional 7,385 shares during the quarter. Wealthfront Advisers LLC owned approximately 0.14% of SPDR S&P Metals & Mining ETF worth $6,673,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Forefront Wealth Partners LLC boosted its stake 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 in the last quarter. Riggs Asset Managment Co. Inc. increased its stake in shares of SPDR S&P Metals & Mining ETF by 2.3% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 4,234 shares of the exchange traded fund’s stock valued at $439,000 after purchasing an additional 94 shares in the last quarter. Keudell Morrison Wealth Management raised its holdings in SPDR S&P Metals & Mining ETF by 4.1% in the 1st 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 holdings in SPDR S&P Metals & Mining ETF by 72.1% in the 4th 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 raised its holdings in 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 worth $456,000 after purchasing an additional 129 shares during the period. Institutional investors and hedge funds own 86.55% of the company’s stock.
SPDR S&P Metals & Mining ETF Trading Down 0.6%
Shares of XME stock opened at $98.35 on Friday. SPDR S&P Metals & Mining ETF has a 12-month low of $71.07 and a 12-month high of $135.68. The business’s 50 day moving average is $114.17 and its two-hundred day moving average is $115.48. The company has a market capitalization of $3.91 billion, a P/E ratio of 21.07 and a beta of 1.26.
About SPDR S&P Metals & Mining ETF
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