Tradewinds LLC. Takes $4.50 Million Position in SPDR S&P Metals & Mining ETF $XME

Tradewinds LLC. bought a new position in shares of SPDR S&P Metals & Mining ETF (NYSEARCA:XME) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 48,282 shares of the exchange traded fund’s stock, valued at approximately $4,499,000. SPDR S&P Metals & Mining ETF comprises 1.1% of Tradewinds LLC.’s portfolio, making the stock its 26th biggest position.

Other institutional investors also recently bought and sold shares of the company. Menora Mivtachim Holdings LTD. increased its holdings in SPDR S&P Metals & Mining ETF by 225.5% in the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 2,793,050 shares of the exchange traded fund’s stock valued at $187,749,000 after acquiring an additional 1,935,000 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of SPDR S&P Metals & Mining ETF by 2,642.0% during the second quarter. JPMorgan Chase & Co. now owns 1,959,322 shares of the exchange traded fund’s stock valued at $131,706,000 after purchasing an additional 1,887,867 shares in the last quarter. SCS Capital Management LLC increased its holdings in shares of SPDR S&P Metals & Mining ETF by 1.9% in the second quarter. SCS Capital Management LLC now owns 455,434 shares of the exchange traded fund’s stock worth $30,614,000 after purchasing an additional 8,687 shares during the last quarter. Volterra Technologies LP purchased a new stake in shares of SPDR S&P Metals & Mining ETF in the second quarter worth about $9,769,000. Finally, Prudential PLC lifted its position in shares of SPDR S&P Metals & Mining ETF by 340.0% in the second quarter. Prudential PLC now owns 135,700 shares of the exchange traded fund’s stock worth $9,122,000 after buying an additional 104,860 shares in the last quarter. 86.55% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Metals & Mining ETF Price Performance

NYSEARCA XME opened at $124.14 on Monday. SPDR S&P Metals & Mining ETF has a 1-year low of $45.89 and a 1-year high of $124.77. The business has a 50 day simple moving average of $102.88 and a two-hundred day simple moving average of $91.85. The stock has a market capitalization of $4.31 billion, a PE ratio of 21.07 and a beta of 1.28.

SPDR S&P Metals & Mining ETF Profile