Heartwood Wealth Advisors LLC Sells 8,386 Shares of SPDR S&P Metals & Mining ETF $XME

Heartwood Wealth Advisors LLC lessened its position in SPDR S&P Metals & Mining ETF (NYSEARCA:XME) by 32.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,380 shares of the exchange traded fund’s stock after selling 8,386 shares during the period. Heartwood Wealth Advisors LLC’s holdings in SPDR S&P Metals & Mining ETF were worth $1,620,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Global Trust Asset Management LLC bought a new stake in shares of SPDR S&P Metals & Mining ETF during the second quarter worth about $27,000. Private Wealth Asset Management LLC acquired a new stake in SPDR S&P Metals & Mining ETF during the 2nd quarter worth approximately $30,000. Sound Income Strategies LLC boosted its position in SPDR S&P Metals & Mining ETF by 1,829.2% during the 2nd quarter. Sound Income Strategies LLC now owns 926 shares of the exchange traded fund’s stock worth $62,000 after buying an additional 878 shares during the period. Ameritas Advisory Services LLC bought a new stake in SPDR S&P Metals & Mining ETF during the 2nd quarter worth approximately $83,000. Finally, Reyes Financial Architecture Inc. acquired a new position in SPDR S&P Metals & Mining ETF in the 2nd quarter valued at approximately $85,000. 86.55% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Metals & Mining ETF Stock Performance

XME stock opened at $100.85 on Tuesday. The company has a market capitalization of $3.18 billion, a P/E ratio of 21.07 and a beta of 1.28. The company has a fifty day moving average price of $97.56 and a 200-day moving average price of $84.21. SPDR S&P Metals & Mining ETF has a 52-week low of $45.89 and a 52-week high of $111.09.

SPDR S&P Metals & Mining ETF Profile

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.