Capital Management Associates NY Raises Stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME)

Capital Management Associates NY increased its stake in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 150.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,313 shares of the exchange traded fund’s stock after buying an additional 21,839 shares during the period. SPDR S&P Metals & Mining ETF accounts for about 2.6% of Capital Management Associates NY’s portfolio, making the stock its 11th largest position. Capital Management Associates NY owned 0.11% of SPDR S&P Metals & Mining ETF worth $2,154,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Fox Hill Wealth Management grew its position in shares of SPDR S&P Metals & Mining ETF by 1.5% during the 1st quarter. Fox Hill Wealth Management now owns 10,843 shares of the exchange traded fund’s stock worth $654,000 after buying an additional 164 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in SPDR S&P Metals & Mining ETF by 3.4% in the first quarter. B. Riley Wealth Advisors Inc. now owns 5,955 shares of the exchange traded fund’s stock worth $359,000 after acquiring an additional 198 shares during the period. Almanack Investment Partners LLC. grew its holdings in SPDR S&P Metals & Mining ETF by 4.8% during the 1st quarter. Almanack Investment Partners LLC. now owns 4,923 shares of the exchange traded fund’s stock worth $297,000 after acquiring an additional 227 shares in the last quarter. E&G Advisors LP increased its position in SPDR S&P Metals & Mining ETF by 2.4% during the 2nd quarter. E&G Advisors LP now owns 10,116 shares of the exchange traded fund’s stock valued at $600,000 after purchasing an additional 240 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of SPDR S&P Metals & Mining ETF by 7.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 4,380 shares of the exchange traded fund’s stock valued at $260,000 after purchasing an additional 306 shares in the last quarter.

SPDR S&P Metals & Mining ETF Stock Performance

NYSEARCA XME opened at $54.29 on Wednesday. The company has a market cap of $1.83 billion, a PE ratio of 6.15 and a beta of 1.20. SPDR S&P Metals & Mining ETF has a 52-week low of $48.01 and a 52-week high of $65.37. The firm’s 50 day moving average price is $59.73 and its 200-day moving average price is $60.04.

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.